2/16/2004 - Ingenient Technologies, Inc., (www.ingenient.com) the foremost source for complete multimedia solutions based on Texas Instruments’ (TI) digital signal processors (DSP) and system on chip (SoC) platforms, is pleased to announce that it has acquired Imagine Technology, LLC (www.imaginetechnology.net). The acquisition of Imagine Technology expands Ingenient Technologies current product line and enhances Ingenient’s capacity to offer complete product solutions for the consumer electronics, security and surveillance, video server, video infrastructure and telecommunications markets. The acquisition also enables Ingenient to expand its marketing and sales presence in Japan, Korea, Taiwan, and the U.S., as well as China, Europe and Micro-Asia.
Imagine Technology will continue to provide embedded solutions, including Imagine’s high performance audio codecs and world class echo cancellation algorithms, to new and existing customers.
“The acquisition of Imagine Technology provides immediate growth for Ingenient in the automotive navigation and entertainment, VoIP and full-duplex speakerphone markets,” said Sami Levi, president, CEO and founder of Ingenient Technologies.
This acquisition increases Ingenient’s intellectual expertise in the audio, networking, telecommunications and video fields. Ingenient will develop new product offerings including full-duplex videophone, satellite and terrestrial digital media broadcast (DMB) servers and receivers, as well as other multimedia devices for the consumer and automobile markets. These new solutions will complement and build upon Ingenient’s existing product offerings in the video-centric consumer electronics, security and surveillance, video server and video infrastructure markets.
With the addition of Imagine’s engineering, marketing, and sales staff, Ingenient will have the resources to rapidly increase its market presence, customer base, market potential, and financial strength. “We can now bring more solutions to more customers world-wide,” said Sami Levi.
“The merger of Imagine and Ingenient allows our companies to quickly integrate at every level to immediately provide our customers industry-leading multimedia, audio, and telecommunications solutions, on TI’s TMS320 DSPs,” said Aaron Caldwell, president of Imagine Technology, a Division of Ingenient Technologies, Inc.. These high-performance solutions will allow Ingenient to provide complete solutions for converging media marketplaces worldwide. Customers will quickly see increased functionality and a reduced time-to-market.”
"Ingenient and Imagine are both successful 3rd party partners with TI DSP helping our mutual customers get to market fast with innovative video solutions. This acquisition should help strengthen Ingenient's capabilities to add audio and telecom feature integrations with their impressive video offerings," said Leon Adams, Manager, DSP Product Marketing at Texas Instruments.
As a Texas Instruments Third Party Program Member, Ingenient Technologies will be presenting and exhibiting at the Texas Instruments Developers Conference in Houston, Texas from February 17th-February 19th, 2004.
About Ingenient Technologies
Ingenient Technologies offers a wide spectrum of embedded software, hardware, and system solutions that enable the creation, delivery, management and presentation of rich multimedia content. With software optimized for TI’s complete suite of digital media processors coupled with a wide selection of hardware designs and the support materials needed for implementation, Ingenient provides all the components for fast time-to-market of next generation, leading technology products. Ingenient offers a growing selection of complete Product Design Solutions. Whether it is a Portable Media Player, a Networked Video Camera, a Digital Media Receiver or a Broadcast Quality Encoder, Ingenient has the best software and hardware packaged and ready for your next product. For more information please visit Ingenient’s web site at www.ingenient.com or call Bill Spears at (847) 357-1978.
About Imagine Technology
Imagine Technology will continue to provide highly optimized audio codecs, leading-edge echo cancellation and integrated TI DSP solutions, framework, and hardware design options. Imagine will operate as a Division of Ingenient Technologies, Inc. and will continue to operate in its Lincoln, Nebraska facility.
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