SAN JOSE, Calif. Cypress Semiconductor Corp. said today it will cooperate with Intel Corp. on Universal Serial Bus (USB) peripheral controller technology, and that it has licensed USB development tools and high-performance designs from the microprocessor giant.
Under the agreement, Intel and Cypress intend to cooperate to enable the smooth transition of technology and product support for Intel's customers. Financial terms of the agreement were not released.
"Intel was the driving force behind the USB standard and the first provider of USB silicon," said DanMcCranie, executive vice president of sales and marketing at Cypress (San Jose, Calif.). "We have licensed a very high-performance, market tested USB line that will extend our leadership position in this market. This addition to our USB product family will assist us as we grow our current business and prepare to be the leading provider of USB 2.0 solutions."
USB technology is used to connect printers, scanners, cameras, and external storage systems to personal computers. The USB link is also now being extended to include broadband communications, wireless telephones, and handheld devices. According to Cypress, there are an estimated five USB connections in a PC today.
"Intel will continue to drive the success of USB through our PC Desktop initiatives," said Jim Pappas, director of technology initiatives at Intel (Santa Clara, Calif.).
The agreement gives Cypress access to Intel's high-performance 8x930 and 8x931 series of USB controller designs.
The agreement with Intel follows Cypress' acquisition four months ago of Anchor Chips Inc. (San Diego), a supplier of USB and PCI devices, for $15 million in cash. Cypress today claims it has the most complete offering of USB solutions and now holds over 50 percent of the USB peripheral controller market.