Thursday, April 24, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
ASUS to Unleash Full SATA Express Performance With SRIS
IBM Tackles Big Data Challenges with Open Server Model
Cyberlink PhotoDirector Coming To Android Phones
LG Soundplate Coming In May
Facebook Enjoys High First-quarter Revenue
Qualcomm Reports Less Than Expected 2Q Revenue
iPhone Sales Drive Apple's Record March Quarter Revenue
Travelling Through Time On Updated Google Maps
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 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
Travelling Through Time On Updated Google Maps
Google Spent $3.82 Million Lobbying In First Quarter
Google Reports Lower Than Expected First Quarter revenue
Google Buys Solar-Drone Company
Google Glass Available April 15
Google Invests In Robot Company Savioke
Is Google TV Back On Track?
Google Paid $1.4 Million Fine In Italy
Turkey Intercepted Google's Public DNS
Government Requests For User Information Up 120 Percent Over Four Years: Google
Group Asks European Commission to Modify Google's Settlement Plan
Google Cuts Cloud Computing Prices

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .