Micronas Semiconductor Holding AG
Micronas Semiconductor: Micronas completes the purchase of WISchip
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Micronas completes the purchase of WISchip International
Acquisition complements Micronas’ portfolio of state-of-the-art HD display
products
Zurich, Switzerland, December 9, 2005 – Micronas (SWX Swiss Exchange: MASN,
Frankfurt: MNSN, Prime Standard Segment, TecDAX) today announced the close of
its purchase of all shares of fabless semiconductor company WISchip
International Ltd. with operational headquarters in Santa Clara, CA.
On October 26, 2005, Micronas had announced a definitive agreement to acquire
WISchip International Ltd., a global provider of advanced audio and video
system-on-chip (SoC) IC and software solutions, implementing the latest-
generation MPEG1/2/4, H.264 and VC-1 HDTV standards. These are the key
technologies for a variety of emerging markets utilizing broadband networks
and mass storage for future entertainment and communications applications.
At the International Consumer Electronics Show to be held in Las Vegas from
January 5 to 8, 2006, Micronas will showcase first cost- and time-efficient
turn-key solutions for the next generation of IPTV set-top boxes, digital TVs
and HDTVs. Micronas will demonstrate a reference design based on the VGC-B,
Micronas’ video graphics controller for advanced HDTV- and HD-ready flat-
panel TV applications. Also on display will be the first in a series of
reference designs based upon WISchip’s DeCypher 8100 real-time streaming
media decoder SoC. Micronas’ executives will be available for private
briefings and demonstrations at the Las Vegas Convention Center in hall SO4,
booth 35346.
The combination of technologies and products from Micronas and WISchip will
enable Micronas’ customers to quickly bring to market next-generation
audio/video solutions for the entire spectrum of advanced HDTV products such
as advanced HDTV TV sets, PVRs, future DVD recorders/players and IPTV set-top
boxes, as well as complete IP AV streaming systems, which have many
applications such as IP surveillance cameras and media adapters. Together
with WISchip’s multi-standard compression IC products, Micronas will be
uniquely positioned to provide these emerging markets with complete cost- and
time-efficient turn-key solutions.
About Micronas
Micronas (SWX Swiss Exchange: MASN, Frankfurt: MNSN, Prime Standard Segment,
TecDAX), a semiconductor designer and manufacturer with worldwide operations,
is a leading supplier of cutting-edge IC and sensor system solutions for
consumer and automotive electronics. As a market leader in innovative, global
TV system solutions, Micronas leverages its expertise into new markets
emerging through the digitization of audio and video content. Micronas serves
all major consumer brands worldwide, many of them in continuous partnerships
seeking joint success. While the holding company is headquartered in Zurich
(Switzerland), operational headquarters are based in Freiburg (Germany).
Currently, the Micronas Group employs about 2000 people. In 2004, it
generated EUR 624/USD 777/CHF 963 million in sales. For more information on
Micronas and its products, please visit www.micronas.com.
About WISchip
Wischip International is a global provider of digital video and audio
semiconductor solutions that enable new classes of powerful multimedia
products. The company’s portfolio of high-performance, low-power stand-alone
and system-on-chip integrated circuits incorporates next-generation standards
that enable system developers to quickly bring leading-edge products to
market. Patented WISchip technology maximizes digital video and audio quality
in a wide range of end-user computing, surveillance, and electronic
entertainment products. For more information, visit www.wischip.com.
Micronas Investor Relations contact
Susy Krucker, +41-44-445-3960
investor@micronas.com
End of announcement (c)DGAP 09.12.2005
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WKN: 910354 ; ISIN: CH0012337421; Index: TecDAX
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart; Zürich
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