Tuesday, February 9, 2010

Motorola Invests in Zenverge for Transcoding Chips

Motorola has made an equity investment in Zenverge, a start-up developing advanced media integrated circuits (ICs). Financial terms were not disclosed.

Zenverge's media ICs support transcoding, decoding and encoding of multiple formats at up to four times HD performance or for up to four simultaneous HD streams. Zenverge ICs are being incorporated into HDTVs, Blu-ray/DVD players and recorders, set-tops, media gateways, portable device adapters, PCs and professional/network video equipment. The company said its performance far exceeds the capabilities of other media ICs today. The device is now shipping.

Other existing investors, DCM and Norwest Venture Partners, also provided funds. The financing will support production of a family of single-chip media ICs based on the Zenverge Entertainment Nexus (ZEN), a groundbreaking new architecture for digital HD convergence.

Zenverge is based in Cupertino, California.

See also