AMIS to buy Dspfactory to strengthen DSP design capabilities

Pocatello, ID; Waterloo, Ontario, Canada—To give it added experience in hardware and product design and help it develop future, AMIS Holdings Inc. recently agreed to buy Dspfactory Ltd. for $42.35 million in cash and restricted stock

09/14/2004


Pocatello, ID; Waterloo, Ontario, Canada— To give it added experience in hardware and product design and help it develop future, AMIS Holdings Inc. recently agreed to buy Dspfactory Ltd. for $42.35 million in cash and restricted stock, plus a potential added payment of $8.5 million in stock upon achievement of certain milestones before the end of 2006. AMIS Holdings is the parent company of AMI Semiconductor, a designer and manufacturer of integrated mixed-signal products and structured digital products for the automotive, medical and industrial sectors. Dspfactory provides ultra-low power digital signal processing (DSP) technology for digital hear-ing aids and other low-power medical devices.

AMIS says the acquisition gives it mixed-signal DSP experience in hardware and product design, as well as software experience in algorithm development for the medical and industrial markets. The company also will assume certain assets and liabilities of Dspfactory, including its facilities and operations in Waterloo and a design center in Marin, Switzerland. This will expand AMI Semiconductor’s reach into the North American and European markets.

“The Dspfactory acquisition will benefit our customers by further expanding the breadth of our already strong analog design expertise,” says Christine King, AMI's president and CEO. “We look forward to closing the transaction within the next 60 days and integrating Dspfactory into the AMIS team, significantly enhancing the company’s portfolio of solutions for real world medical and industrial applications.”

Dspfactory has developed a proprietary DSP-based mixed-signal platform with unique intellectual property. With this technology, AMIS will be able to provide increased DSP functionality in applications, such as advanced hearing aids, implantable and diagnostic applications in the medical market, and motor control applications in the industrial market. This will allow AMIS to provide greater customer value and expand its market reach. Also, with this low-power DSP technology in-house, AMIS will be able to get solutions to market faster.

“By joining the AMI Semiconductor team, we will leverage the strengths of both companies to provide leading medical and industrial solutions,” says Robert Tong, Dspfactory's CEO. “We believe our unique low-power DSP technology will take on a new life with AMIS and we look forward to a bright future as part of the company.”

Control Engineering Daily News Desk
Jim Montague, news editor
jmontague@reedbusiness.com





No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Big Data and IIoT value; Monitoring Big Data; Robotics safety standards and programming; Learning about PID
Motor specification guidelines; Understanding multivariable control; Improving a safety instrumented system; 2017 Engineers' Choice Award Winners
Selecting the best controller from several viewpoints; System integrator advice for the IIoT; TSN and real-time Ethernet; Questions to ask when selecting a VFD; Action items for an aging PLC/DCS
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.
Motion control advances and solutions can help with machine control, automated control on assembly lines, integration of robotics and automation, and machine safety.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Big Data and bigger solutions; Tablet technologies; SCADA developments
SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Jose S. Vasquez, Jr.
Fire & Life Safety Engineer; Technip USA Inc.
click me