Breaking News

Razer Unveils Raiju V3 Pro Samsung announces Galaxy XR headset Leica M EV1 – the first M-Camera with an integrated electronic viewfinder Micron Delivers Industry’s Highest Capacity SOCAMM2 for Low-Power DRAM in the AI Data Center KIOXIA launches EXCERIA PLUS G3 and EXCERIA G3 microSD cards for exceptional photography and video performance

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

OmniVision Acquires CDM Optics for $30M

OmniVision Acquires CDM Optics for $30M

Cameras Apr 7,2005 0

Sunnyvale, Calif.-based CMOS image sensor supplier OmniVision Technologies Inc. said today it would acquire privately held, Boulder, Colo.-based CDM Optics Inc.

CDM Optics has technology designed to improve digital camera system performance by increasing the depth of field and correct optical aberrations of photographic images, according to OmniVision. CDM's wavefront coding technology uses optics and algorithms to transform the task of focusing a lens from an opto-mechanical process to one of optical encoding and signal processing, the companies said.

By merging optics design and digital signal processing, wavefront coding is designed to expand the depth of field of an image, so that the image is in focus over a wider range of distances from the lens than is possible using conventional focusing systems. By eliminating motors and actuators, the technology allows reduction in size and complexity of the auto-focus function on a camera module, the companies also purported.

"Combining CDM's expertise in optics and signal processing with our expertise in developing powerful image data processors will increase the value of our content in the camera system," Shaw Hong, OmniVision chairman and CEO, said in a statement.

"By shifting from mechanics and conventional optics to advanced high-volume silicon processes, camera phone makers will be able to reduce the overall cost of an auto-focus and zoom camera module while reducing the reliability issues and supply limitations associated with current systems," he said.

OmniVision said the technology allows digital still camera makers to incorporate auto-focus functionality in high-volume entry-level products. The technology is also applicable in emerging markets for CMOS image sensors such as automotive and medical-imaging applications, according to the company.

Under terms of the acquisition agreement, of the $30 million purchase price, $20 million is payable at closing, $10 million in cash and $10 million in OmniVision common stock with each share valued at 140 percent of the average closing price of the stock for the five trading days prior to the last trading day before closing.

A further $10 million is payable in cash following the shipment by OmniVision of a predetermined number of revenue-producing units that incorporate CDM's technology.

Following the closing, all of CDM's 18 employees are expected to remain with the company, and CDM will operate as a wholly owned subsidiary of OmniVision.

CDM is to remain in its existing location close to the Boulder campus of the University of Colorado, whose affiliate, University License and Equity Holdings Inc., owns the patents, and where the early work on its technology was done.

The companies expect the transaction to close no later than April 30.

From ElectronicNews

Tags: OmniVision
Previous Post
Microsoft To End Service Pack 2 Download Block Feature on April 12
Next Post
TiVo beefs up patent portfolio

Related Posts

  • OmniVision Unveils First 0.7 Micron, 64 Megapixel Image Sensor for High End Smartphones

  • OmniVision Announces Its First 64 Megapixel, 0.8 Micron Image Sensor For Smartphones

  • OmniVision OV6948 is The Smallest Image Sensor Commercially Available

  • OmniVision's New 5-Megapixel CMOS Sensor to Rival CCDs in High-End Camera Market

Latest News

Razer Unveils Raiju V3 Pro
Gaming

Razer Unveils Raiju V3 Pro

Samsung announces Galaxy XR headset
Consumer Electronics

Samsung announces Galaxy XR headset

Leica M EV1 – the first M-Camera with an integrated electronic viewfinder
Cameras

Leica M EV1 – the first M-Camera with an integrated electronic viewfinder

Micron Delivers Industry’s Highest Capacity SOCAMM2 for Low-Power DRAM in the AI Data Center
Enterprise & IT

Micron Delivers Industry’s Highest Capacity SOCAMM2 for Low-Power DRAM in the AI Data Center

KIOXIA launches EXCERIA PLUS G3 and EXCERIA G3 microSD cards for exceptional photography and video performance
Cameras

KIOXIA launches EXCERIA PLUS G3 and EXCERIA G3 microSD cards for exceptional photography and video performance

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Pure Base 501

be quiet! Pure Base 501

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed