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Semtech Sells Video Optical Module Product Line to EmbrionixMar 22, 2013 (Close-Up Media via COMTEX) -- Semtech Corp., a supplier of analog and mixed-signal semiconductors, announced the sale of its video optical module (optical SFP) product line to Embrionix. According to a release, Embrionix is a provider of coaxial, converter and intelligent SFP solutions to the video industry and is an optical SFP supplier focused on the broadcast video market. Semtech said it is committed to delivering semiconductor products for the broadcast video and high-definition surveillance industries. As part of this commitment, the Company has decided to divest a non-core portion of its video business, which is not material to Semtech's broadcast video revenue. Embrionix and Semtech believe this transaction will address customer needs more effectively by allowing each company to focus on its core strengths and maximize customer value. This deal creates a strong collaboration between Embrionix and Semtech, the companies said, and sets the foundation for ongoing cooperation on future products. "We are excited to formalize our relationship with Embrionix, who will be a successful supplier to the SFP market with our VOM products," said Gary Beauchamp, Senior Vice President and General Manager, Gennum Product Group. Semtech selected Embrionix because of its focus on the broadcast video market and its expertise in the development, sales, and marketing of SFP module solutions. "With the acquisition of Semtech's video optical SFP line, Embrionix is now a one-stop shop for video coaxial, fiber and converter SFP and advanced emSFP," said Renaud Lavoie, CEO of Embrionix. More information: www.semtech.com www.embrionix.com ((Comments on this story may be sent to [email protected])) |