Freescale acquires Zenverge
2014-12-04Freescale Semiconductor has acquired Zenverge. Zenverge’s market-leading transcoding technology enables the conversion of one media stream into multiple streams, each individually formatted and optimized for the specific internet connected device or platform where it will be displayed. Among the supported formats planned is the Ultra HD (HEVC) standard, which features outstanding 4K resolution while delivering up to 50 percent bandwidth savings due to highly advanced data compression. The Zenverge technology also allows for the secure sharing of HD video and other rich digital content, while providing seamless integration of content distributed across the cloud and throughout the world’s networks.
According to Geoff Lees, senior vice president and general manager for Freescale’s Microcontroller product group, the transaction will significantly enhance Freescale’s content processing, storage and interoperability capabilities for a range of Video Internet of Things applications and markets.
“This acquisition extends Freescale’s reach into both display- and media-centric processing at a time when both the volume and density of internet content is growing rapidly,” said Lees. “Zenverge is a recognized leader in the secure optimization, unification, storage and distribution of rich digital content. The company’s highly advanced technologies present growth opportunities for Freescale in new markets, while providing compelling and highly differentiated functionality for future generations of many popular Freescale product portfolios.”
As part of the agreement, key members of Zenverge have joined Freescale. Terms of the deal were not disclosed.
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