Mindspeed buys assets of W-CDMA chip vendor
July 26, 2011 // Dylan McGrath
Network infrastructure chip maker Mindspeed Technologies Inc., has said it acquired substantially all of the assets of San Diego-based wideband code division multiple access (W-CDMA) signal processing SoC vendor IPG Communications Inc. Financial terms of the deal were not disclosed.
IPG specializes in advanced signal processing technologies for W-CDMA 3GPP standard release 8, which deliver significant cost and power advantages, Mindspeed (Newport Beach, Calif.) said. IPG also designed a dual-mode turbo decoder which combines W-CDMA and long-term evolution standards, reducing the memory and logic complexity compared with standard decoders, Mindspeed said.
"The team at IPG has established a strong reputation for exceptional communications systems design, software-defined radio expertise and dual-mode wireless development," said Thomas Medrek, Mindspeed’s senior vice president and general manager of communications convergence processing, in a statement.
Mindspeed said it expects the deal to be immaterial to its fiscal third quarter and full year earnings per share.
Also Monday, Mindspeed reported product revenue for the quarter ended July 1 of $42.2 million, an increase of 10 percent from the previous quarter but a decrease of 3 percent compared with the year-ago quarter. The company reported a net income in accordance with generally accepted accounting principles (GAAP) of $464,000, or 1 cent per diluted share, compared to a GAAP net loss of $759,000 in the prior quarter and a GAAP net income of $4.9 million in the year-ago quarter.
"Our market leadership in 4G wireless is driving customer engagements with a multitude of original equipment manufacturers for a variety of basestation applications targeting key service provider 4G/LTE rollouts worldwide, most of which are expected to enter field trials in calendar 2012," said Raouf Y. Halim, Mindspeed's CEO, in a statement.
Mindspeed said it expects revenue for the current quarter to be between $42.2 million and $43.9 million, flat to up four percent sequentially.
Wearable cameras is next boom market for image sensors
April 17, 2015
Annual shipments of wearable cameras will surpass 30 million units by 2020 according to market research firm Tractica.
Paper memory ready to roll
Acuity Brands targets precise indoor positioning sector
Automotive chip reliability: a matter of design methods
Could Electrolyte Genome accelerate search for battery winners?
2.1A LDO+ regulator with cable drop compensation
April 16, 2015
This video explores the LT3086, a new member of our LDO+ family. It provides many functions in addition to regulation. It ...
Newswatch: ARM seeks energy harvesting edge in IoT push
GPTG agrees global distribution deal with Digi-Key
ST's Crolles strike rumbles on
- Smart Capacitive Design Tips
- Wireless MCUs and IoT
- Battery Management System Tutorial
- Deciding if Automated Test is right for your Company
InterviewInfineon: CAN FD success goes at the expense of FlexRay
The faster version of the venerable CAN bus, CAN FD is currently taking off at several carmakers. Infineon's Thomas Böhm, Head of Body / Automotive, believes this could well go at the expense of FlexRay. ...
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, DecaWave is offering EETimes Europe's readers the chance to win two TREK1000 kits to evaluate its Ultra-Wideband (UWB) indoor location and communication DW1000 chip in different real-time location system topologies.
Worth €947, the kit allow designers to prove a concept within hours and have a prototype ready in days. Based on the two-way ranging scheme, the kit lets you test...MORE INFO AND LAST MONTH' WINNERS...
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.