Monday, May 01, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Hacker Gets Access To Unreleased "Orange Is The New Black" Netflix Episodes
Turkey Blocks Access To Wikipedia
Qualcomm Slashes Profit Expectations As Apple Refuses To Pay Royalty Payments
Kodi Clarifies DRM Stance, Shuts Down Rumors
ASML Countersues Nikon Over Alleged Patent Infringement
Image Sensors, Batteries And Playstation Boosts Sony's Profit
Cost Cuts Start Paying Off For Sharp
New Nintendo 2DS XL Gaming Handheld System Coming On July 28
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Google ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, July 22, 2013
Google Invests In Taiwanese Chipmaker, Buys Speech Recognition Patents


Google will take a 6.3 percent stake in the unit of Taiwanese chipmaker Himax Technologies that develops display technology for devices such as Google Glass, Himax said on Monday.

Seperately, Google also today acquired from the SR Tech Group a portfolio of U.S. patents and patent applications that includes several speech related patents. The portfolio includes U.S. Patent No. 7,742,922, titled ?Speech interface for search engines? and U.S. Patent No. 8,056,070, titled ?System and method for modifying and updating a speech recognition program?. M.D. Goller and S.E. Goller are the listed inventors for all issued patents and patent applications in the portfolio.

Terms of the transaction were not disclosed.

Himax Technologies, Inc. is a supplier and fabless manufacturer of advanced display drivers and other semiconductor products. The company has entered into an agreement with Google pursuant to which Google has agreed to invest in the company's subsidiary, Himax Display Inc. (HDI).

The purpose of the investment is to fund production upgrades, expand capacity and further enhance production capabilities at HDI's facilities that produce liquid crystal on silicon (LCOS) chips and modules used in applications including head - mounted display (HMD) such as Google Glass, head-up display (HUD) and pico- projector products.

Under the agreement, Himax will also invest additional amount in HDI to fund its ongoing capacity expansion.

HDI will also use a portion of the proceeds to reduce its loan from Himax.

The transaction is expected to close in the third quarter of 2013. Financial details of the deal were not disclosed.

Google will purchase certain amount of preferred shares in HDI. Upon closing, Google will hold a 6.3% interest in HDI. Google also has an option to make additional investment of preferred shares at the same price within one year from closing. If the option is exercised in full, Google will own a total of up to 14.8% in HDI.

Google will join the core group of HDI shareholders including KPCB Holdings, Inc., Khosla Ventures I, L.P. and Intel Capital Corporation.


Previous
Next
Yahoo to Buy 40 million Shares From Third Point        All News        ARM and Oracle to Optimize Java SE for Enterprise and Embedded Markets
Yahoo to Buy 40 million Shares From Third Point     General Computing News      ARM and Oracle to Optimize Java SE for Enterprise and Embedded Markets

Get RSS feed Easy Print E-Mail this Message

Related News
Google Tweaks Web Ranking algorithm To Tackle Fake News
This Is Google's Next Generation Of Jump VR Camera, Meet YI HALO
Google Home Now Recognizes Different Speakers
Google Says There is no Gender Pay Gap
Google Adds Fact Check in Search and News
Google Invests in INDIGO Undersea Cable to Link Southeast Asia
Google Espresso Extends SDN to the Public Internet
Google Assistant Is Coming To More Connected Devices
Google Maps Lets Others Track You
Google Expands Safeguards for Youtube Advertisers
Google To Revamp Ad Policies After U.K. Boycott
The European Commission Ask Social Media Companies To Comply With EU Consumer Rules

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .