Pixelworks Pays $110m to Enter IPTV Market

[Archived in Entry]

[Policani's Digital Media Blog] Display graphics chip designer Pixelworks Inc is to acquire privately held circuit maker Equator Technologies Inc in order to gain entry to the Internet Protocol Television market.  [ more... ]

Some slightly related from Technorati and Google.

Telecom and CRM Blog: In a related announcement of which First CoffeeSM understood about nine words, Nokia and Red Lynx are announcing the “exclusive follow up to the hugely successful and critically acclaimed Pathway to Glory,” called “Pathway to Glory Ikusa Islands,” which was, they claim, “carefully enhanced” to provide a “faster and more approachable game play experience” based on feedback gathered from the “whole gaming community,” including gamers and the games press.

Technorati: Tag: IPTV: On Monday Laurel Networks, Inc. announced its new "drop-in" IP Video Routing Solution designed to meet the needs of DSL access providers who want to...

Policani's Digital Media Blog: The company reported net income of $0.8 million, or just under one-half cent per share, compared to a net loss of ($10.4) million, or ($0.06) per share, in the first quarter of 2004. Excluding antitrust litigation expenses of approximately $3.7 million, or $0.02 per share, during the first quarter of 2005, net income for the first quarter was $4.6 million, or $0.02 per share. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) was $2.6 million compared to a loss of ($7.5) million in last year's first quarter. Absent antitrust litigation expenses, EBITDA was $6.4 million for the first quarter of 2005, up from a loss of ($0.3) million, which also excluded the loss on a content agreement, in the first quarter of 2004.  [ more... ]

InformationWeek.com: They want evidence of market acceptance that can grow into a market standard or even a de facto monopoly. He says Pixelworks may achieve that because it has both the chip and operating system for flat-panel displays--sort of like mixing Intel and Microsoft on a very small scale. Much of the money that was lost fueling Internet-time development came from investors who believed spending on marketing plus speed would be enough to grab and defend a dominant position. "We went from the invisible hand of capitalism to the drunken hand of capitalism," Curme says, adding that he's glad to see the return of more rational business investing.

Reflected tags on Technorati: Blog, IPTV, Plasma TV News

Posted at May 20, 2005 09:48 AM | Comments (0) | TrackBack (0)