Wednesday, May 9, 2012

IDT acquires Silicon Optix technology, team - Silicon Valley / San Jose Business Journal:

zyluzugizovota.blogspot.com
San Jose-based IDT (NASDAQ:IDTI) did not disclose financial or staffing details, but said it plans to operate the resultingf business as part of its viceo and display operation based at its Silicon Optix, a privately-held fabless semiconductor is based in San Jose. The new divisiojn will be primarily located in the existinf Silicon Optix facilityin Toronto, “With the increasing success of the DisplayPort standard and our PanelPort products, we believe the flat panel displayy market is undergoing an important evolutiob which will result in enhanced high definition qualitty and performance for the consumer," said IDT CEO Ted "The HQV technology complements our PanelPort devices and broadetr video product portfolio.
We see the addition of HQV enabling us to extendour value-add to our customerzs while expanding our market and technology

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