ATI To Acquire NxtWave Communications - TvTechnology

ATI To Acquire NxtWave Communications

ATI Technologies Inc. has signed an agreement to purchase NxtWave Communications Inc. for $20 million. NxtWave makes broadband receiver technologies using proprietary digital signal processing technologies adapted for applications in digital terrestrial and cable receivers. The Langhonre, Penn.-based chipmaker has bee

Author:: TVTechnology
Publish date:: Jun 19, 2002

ATI Technologies Inc. has signed an agreement to purchase NxtWave Communications Inc. for $20 million.

NxtWave makes broadband receiver technologies using proprietary digital signal processing technologies adapted for applications in digital terrestrial and cable receivers. The Langhonre, Penn.-based chipmaker has been at the forefront of developing improved, next-generation decoders for VSB.

The acquisition will widen ATI's set-top box product portfolio to include demodulation technology in front-end communications. The technology will be combined with ATI's back-end XILLEON set-top chipsets. XILLEON integrates a high-speed MIPS CPU, graphics, video and other I/O capabilities.

ATI will gain approximately 55 new employees, with 50 engineers, after the deal, which is expected to close later this month.

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Samsung's DTV set-top boxes have a reputation as having one of the better off-air DTV tuners. The company announced an agreement with ATI Technologies Inc. announced to jointly develop Samsung's next generation of DTV platforms. The new Samsung DTV's will use ATI's XILLEON and NXTWAVE chips. Geoff Phillips, VP and G

ATI's family of THEATER products offers digital reception technology.