apt-X to expand licensing business after sale of hardware division
March 19, 2009 //
Audio compression and codec design specialist apt-X (Belfast, Northern Ireland) plans to invest the undisclosed but "substantial" proceeds received for selling its broadcast hardware division to Audemat (Lille, France) on the expansion of its licensing business.
LONDON &$151; Audio compression and codec design specialist apt-X (Belfast, Northern Ireland) plans to invest the undisclosed but "substantial" proceeds received for selling its broadcast hardware division to Audemat (Lille, France) on the expansion of its licensing business.
The new activity will be known as APT Licensing Ltd and the deal involves a perpetual licensing deal with Audemat that means the French group will continue to incorporate both the apt-X and Enhanced apt-X audio compression algorithms in the APT branded range of hardware codecs and across the products of Audemat group.
Noel McKenna, chief executive of APT Licensing, one of Belfast's pioneering high-tech companies, said: "Today marks an exciting new chapter in the 20-year history of our apt-X technology, a high-end audio compression algorithm for broadcasters, and now consumers. The substantial capital raised by the profitable sale of our hardware subsidiary will be invested in our on-going mission to make apt-X the 'must-have' technology for highest-quality digital audio, especially in consumer electronics."
Recent licensees of apt-X include Creative Labs, Shure and Bluegiga, the Bluetooth module OEM. The company said further licensees for the audio compression technology and IP are set to be announced soon.
Bruno Rost, President of the Audemat group added that following the acquisition, the group will offer integrated and easy to use solutions to its customers. "APT's broadcast hardware division has a powerful synergy with the capabilities, ambitions and culture of the rest of the Audemat group, and complements and strengthens Audemat's value proposition to digital broadcasters and telecoms operators."
The Audemat group acquired in 2006 Ecreso, a manufacturer of transmitters for FM radio and digital television, and two years later Nortek, a broadcast test and measurement equipment manufacturer.
Wireless charging - a more cost-effective approach
July 30, 2014
The current in wireless charging for electric vehicles provides for inductor coils under the bottom of the vehicle; the corresponding ...
Sony, TSMC win award for silicon-plastic process development
Sensor footprint evolution: Does size matter?
Memscap breaks even on rising Q2 revenue
GPS tracking devices to pass $3.5 billion in 2019
Infineon fires on all cylinders
July 30, 2014
High demand for automotive electronics and semiconductors for renewable energies drove Infineonís Q3 figures. The company ...
Analog closes on acquisition of Hittite
Dark clouds over lighting business: Osram announces massive job cuts
Trillion Sensor Summit program set for Munich
- New Linear Regulators Solve Old Problems
- Testing GPS with a Simulator
- DSM presents: Select the best plastic for DDR4
- Dual 13A μModule Regulator with Digital Interface for Remote Monitoring & Control of Power
InterviewCEO interview: China, not Apple, is way to go, says mCube CEO
Ben Lee, CEO of MEMS startup mCube, explains why he wants to spend $37 million on being a supplier of sensors to Chinese ODMs and avoiding a design win with Apple or Samsung.
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, Altium Ltd is offering EETimes Europe's readers the chance to win one TASKING VX-Toolset for ARM Cortex-M Premium Edition, normally licensed for 2.395 Euros, for ultra-rapid prototyping and code development around ARM Cortex-M based microcontrollers.
The VX-toolset for ARM is the first TASKING compiler suite to receive the Software Platform technology, which is seamlessly...Read more
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.