DUBLIN, Ireland -- Parthus Technologies plc is disbanding its RF group and has also stopped investing in the development of hardware based security acceleration. The move is being made to try and improve the London-listed company's financial performance. The company is expecting to take a charge of $3 million.
RF technologies was one of the early strengths of the Dublin, Ireland-based Intellectual Property (IP) group, but according to Barry Nolan, Parthus vice president of marketing: "in terms of IP, discrete RF development is no longer as effective a business as designing in digital."
The RF Radio group comprises about 45 engineers and has been developing devices and systems in Belfast, Dublin and Caen in France. One focus of the group was developing Bluetooth radios, but Nolan stressed the shift in focus does not mean the company is getting out of Bluetooth development. "About 95% of our business there is implementing baseband designs, and the rest was the RF part."
Nolan stressed not all the RF engineers and specialists will be leaving Parthus as a result of the consolidation. "We need to retain some expertise in this technology, and some people will be reassigned to related projects". The company is taking a $3 million charge in its third quarter results as a result of the planned redundancies.
A development group in Austin, Texas, which has been researching hardware-based security acceleration, is also being disbanded, but Nolan said some of the 15 to 20 people there may also be found work elsewhere within Parthus.
Parthus said it would streamline its IP portfolio whether its proposed merger with the intellectual property licensing arm of DSP Group Inc., is concluded or not. Nolan said the merger is due to be completed late October.
As a result of streamlining Parthus will focus on DSP and application processing, mixed signal and wireline communications, and wireless commununiations, presumably excluding the RF part of wireless communications.
The planned merger with Ceva was announced in April 2002 (see April 5 story).
John Walko is News Editor of CommsDesign.com