Monday, April 9, 2012

MediaTek to Acquire Coresonic for DSPs

Taiwan-based MediaTek agreed to acquire Coresonic AB, a global leader of Digital Signal Processor (DSP) technology. Financial terms were not disclosed.

Coresonic AB, founded in Sweden, has rapidly established itself as a market leader with its breakthrough DSP architecture for wireless baseband. MediaTek will use Coresonic's DSP technology to further improve the efficiency and flexibility of its expanding product lines, strengthening MediaTek's position as a leading provider of wireless communication and digital multimedia IC solutions. Prior to the acquisition, MediaTek has been working closely with Coresonic AB.

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