LONDON – Spreadtrum Communications Inc., a leading Chinese fabless chip company, has disclosed that it has paid $1 million to acquire Telegent Systems Inc., a developer of mobile television receiver chips, net of cash that Telegent was holding.
The exact size of Telegent's cash pile is not known but it was reported to have been holding many tens of millions of dollars in the months preceding the sale to Spreadtrum.
Leo Li, chairman, president and CEO of Spreadtrum (Shanghai, China), said his company has gained a portfolio of about 70 patents and 15 hardware and software engineers based in Shanghai and San Diego and that it would explore the design of a baseband processor with integrated mobile TV. Li was speaking on a telephone conference call with analysts to discuss the company's second quarter financial results.
David Patterson, known for his pioneering research that led to RAID, clusters and more, is part of a team at UC Berkeley that recently made its RISC-V processor architecture an open source hardware offering. We talk with Patterson and one of his colleagues behind the effort about the opportunities they see, what new kinds of designs they hope to enable and what it means for today’s commercial processor giants such as Intel, ARM and Imagination Technologies.