SAN JOSE, Calif. Making a bold move into the mobile TV chip market, Analog Devices Inc. has entered into a definitive agreement to acquire South Korean radio-frequency (RF) device maker Integrant Technologies Inc. for $127 million in cash.
Founded in 2000, Integrant (Seoul) develops high-performance analog circuits designed for RF signal processing. The company supplies low-power radio tuners that allow mobile communications, computer, and consumer devices to receive digital television (TV) and digital radio broadcasts.
Integrant is known for low-power Digital Multimedia Broadcast (DMB) tuners that it supplies to Korea's mobile phone makers. In addition, the company ships tuners from the same product family to support the new ISDB-T mobile TV standard in Japan.
The acquisition is expected to increase ADI's revenue by approximately 1 percent of sales in each of the next few quarters.
"As we've seen in applications from cellular telephony to digital TVs, customers value RF solution providers that support multiple standards and frequencies with compatible families of products,” said John Hussey, ADI’s vice president for high-speed signal processing, in a statement.
“Integrant's technology provides that same value to the rapidly emerging mobile TV markets, such as T-DMB, ISDB-T and DVB-H, where receivers are being integrated into mobile phones, personal video players, portable DVD players, notebook PCs, and automotive entertainment systems," according to the executive from ADI (Norwood, Mass.)