This acquisition, which is expected to be concluded later this month, will include the transfer of approximately 150 research and development (R&D) staff, labs and other assets from Lattice’s operations in the US, India and China.
Commenting Darin G. Billerbeck, Lattice Semiconductor’s President and Chief Executive Officer, said, “This strategic transaction is good for Lattice, INVECAS, and the HDMI ecosystem. It fosters a collaboration between the companies to speed the development and adoption of both existing and new HDMI standards. We are confident that INVECAS will continue to pioneer HDMI by providing world class IP and services.”
Chief Executive Officer of INVECAS, Dasaradha Gude, added, “This transaction will be a tremendous addition to our technical capabilities as well as to our IP, advanced SERDES and product portfolios. We are fully committed to continue investing in the Lattice team’s strong track record of helping to establish industry standards and new technologies, and driving them to market.”
