AUSTIN, Tex. -- Motorola Inc.'s semiconductor group here today announced the completion of a $30 million acquisition of printer technology specialist WaveMark Technologies Inc. in Burlington, Mass.
Two weeks ago, Motorola announced plans to acquire the privately held company to deliver advanced chip solutions for smart imaging applications in home computing and office applications (see June 6 story). WaveMark's technology accelerates printer systems.
Motorola's Semiconductor Products Sector in Austin said it plans to keep the WaveMark operation in Burlington and to incorporate the company's technology into its DigitalDNA embedded solutions for system-on-chip designs. Motorola hopes to accelerate the availability of high-speed printer chips with the capability.