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BRIEF: DSP Group chipsets to power Panasonic telephones [Globes, Tel Aviv, Israel]
(Globes (Tel Aviv) Via Acquire Media NewsEdge) Feb. 14--Wireless chipset developer DSP Group Inc. (Nasdaq: DSPG) today announced that its VoIP chipsets are to be embedded in Panasonic Corporation's (TSE: 6752; NYSE: PC) SIP telephones. The two companies have a longstanding partnership.
DSP Group's chipsets are to be embedded in Panasonic's corded SIP models, including the KX-UT136-B, KX-UT133-B, KX-UT123-B and KX-UT113-B.
DSP Group VP Ran Klier said that Panasonic was a lead customer for DSP's cutting-edge VoIP chipset solution, which enables the company to offer a diverse range of IP phones. "This successful venture is another indication of our mutual IP telephony commitment and joint roadmap, as we work on developing next-generation models."
In a separate announcement, DSP and its subsidiary Jungo Ltd. said that they have jointly developed a home automation and monitoring solution based on DECT Ultra Low Energy technology, which is easy to install and configure, and has a longer battery life. The company says that the low-cost solution enables service providers to offer a range of new revenue-generating subscriber services.
DSP Group's share price opens at $5.96 today, giving a market cap of $136 million.
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(c)2012 the Globes (Tel Aviv, Israel)
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