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Article: DVDINSIDER: ESS Technology Acquires Divio.

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DVD News
Article date:
August 18, 2003
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DVD NEWS-(C)1999-2003 DVD NEWS. Distributed for AM Newswire Inc via M2 Communications Ltd (www.m2.com).

ESS Technology, a leading supplier of silicon solutions for digital video and digital audio consumer electronics, today announced that it has acquired Divio, Inc. for $27.1 million in cash. Divio, based in Sunnyvale, Calif., is a privately held company founded in 1995 that designs, manufactures and markets digital video and imaging semiconductor products. The acquisition will expand ESS's product lines in the digital consumer electronics market with advanced MPEG-1,2,4 encoders and DV codecs for digital video recorders, digital still cameras and solid state ...

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