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.

ATI Technologies has inked a deal with Terayon Communication Systems for $14 million in cash. The 3D graphics and digital media technology provider is buying the cable modem silicon intellectual property from Terayon, based in Santa Clara, Calif. As part of the deal, approximately 25 employees from the Terayon des

Samuel B. Wenzel and Edward M. Mullin co-founded Audio Technologies Inc. in 1979 and have run ATI together since. Now both in their 60s, they have sold the audio products company to David Day, who has worked in the high-end consumer business. The purchase price was not disclosed. The deal took effect Jan. 29. The new o

Liberty Broadband Interactive Television Inc. has signed a merger agreement with Wink Communications Inc. whereby Liberty will purchase all of Wink's outstanding shares of stock. Wink will subsequently operate as a wholly owned subsidiary of LBIT. The merger will allow Liberty to combine Wink's end-to-end system that

ATI technologies inked a deal to supply its chips to US Digital Television’s subscription-based digital television service.

Telegent provides semiconductor and software solutions for the reception of live, broadcast television on mobile phones.

AccuWeather Inc. , a commercial weather service based in State College, Penn., has purchased WeatherData Inc. The move will add advanced radar and mobile technology to AccuWeather's portfolio. WeatherData specializes in weather-risk management consulting and state-of-the-art severe weather forecasting and services

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.