SAN FRANCISCO—Broadcom Corp. last week acquired Israeli image processing vendor Sightic Vista Ltd. for between $10 million and $20 million, according to the online, English-language version of Israeli business daily Globes.
According to the report, Broadcom confirmed the acquisition, but declined to provide additional details. Sightic declined to comment, according to the report.
Broadcom (Irvine, Calif.) did not immediately respond to an EE Times request for confirmation of the transaction.
The acquisition was Broadcom's seventh of an Israeli company, according to the Globes report. In October, Broadcom signed a definitive agreement to acquire Israeli femtocell SoC vendor Percello Ltd. for $86 million in cash.
Sightic, founded in 2001, specializes in software and hardware image processing and enhancement solutions, and their integration into high quality, miniature digital cameras and video applications, according to the firm's website. The company is based in Netanya, Israel.