2/26/2003 - Intersil Corporation (NASDAQ: ISIL), a world leader in the design and manufacture of high performance analog and wireless networking solutions, and ParthusCeva, Inc. (NASDAQ: PCVA; LSE: PCV), the leading licensor of digital signal processors (DSP) and applications-specific platform Intellectual Property (IP), announced a partnership to license Intersil's 802.11 Wireless Local Area Networking (WLAN) IP to third parties.
"This partnership is a very significant development which will accelerate the deployment of WLAN technology across both business and consumer applications. Intersil is the acknowledged leader in 802.11 wireless solutions and ParthusCeva has a proven track record of delivering complex wireless technology under an IP licensing model," said Allen Nogee, senior analyst at In-Stat/MDR. "This unique combination can unlock the enormous potential of WLAN technology."
ParthusCeva will provide wireless IP expertise, sales, marketing and customer support in licensing Intersil's 802.11 Prism® Intellectual Property (Baseband Processor and Medium Access Controller) to the electronics industry. PRISM solutions are the number one deployed 802.11 WLAN technology in the industry. In addition, Intersil will supply PHY (radio front-end) products and reference designs - delivering a complete WLAN product solution to licensees. This up-integration strategy will enable new, wireless-capable products that will serve growing consumer demand for wireless connectivity wherever they live, work or play.
"The licensing of our WLAN IP is one of the next steps in addressing the needs of a growing market in which Wi-Fi is becoming pervasive and working its way into a diverse and exciting set of applications. Some of these applications required the full integration of the digital portion of the chip set," said Larry Ciaccia, vice president and general manager of Intersil's Wireless Networking Product Group. "ParthusCeva's experience in delivering complex wireless IP solutions to the semiconductor industry is a perfect complement to Intersil's WLAN expertise. Together we can generate even greater market penetration with PRISM based technology."
"ParthusCeva is a recognized leader in the licensing of wireless-IP and we wanted a partner with silicon proven, brand-recognized 802.11 IP to complement our customer base of leading semiconductor companies," said Kevin Fielding, chief executive officer of ParthusCeva. "Intersil is the recognized wireless networking leader and this new partnership will provide a convenient one-stop shop for WLAN manufacturers to add valuable IP support to their product portfolio."
The Intersil and ParthusCeva partnership delivers four powerful advantages to customer licensees:
Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. Intersil's product portfolios address four fast growing markets - flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company's web site and career page at: www.intersil.com
PRISM is a registered trademark of Intersil Americas Inc.
Previous Page | News by Category | News Search
If you found this page useful, bookmark and share it on: