Strengthens Partnership That Will Define and Deliver Leading Edge
Silicon Solutions for Digital Media
TORONTO, June 25, 2013 /CNW/ - ViXS Systems Inc. today announced that
BSkyB has made a strategic investment in the company. The investment
was part of a recent private placement that was oversubscribed and
raised more than $CDN 57.4 million as part of a going public
Media services providers face an increasingly challenging market where
consumer demand for media consumption across all their personal devices
continues to increase while at the same time new technology standards
for content are being introduced into the broadcast ecosystem. BSkyB
will use its relationship with ViXS to get a closer understanding of
the semiconductor market, with a view to using this insight to inform
its own technology roadmap.
ViXS has significant design wins in the television service provider
market that give the company a deep understanding of trends and drivers
for technology, business models, and consumer requirements that make
providers successful. Key ViXS deployments include DIRECTV, Comcast
and SlingBox, complemented by design wins with Arris, Cisco, Sagemcom,
"We are pleased that BSkyB has invested in ViXS. It's a clear
indication of their confidence in our vision and expertise," said Sally
Daub, President and CEO, ViXS Systems Inc. "We look forward to working
with BSkyB, one of the most successful pay TV providers in the world,
to help them understand the potential applications that can be
supported by next-generation chips."
About ViXS Systems Inc.
ViXS is the semiconductor pioneer in designing and developing
high-performance media solutions for the consumer electronics and video
service provider industries. With 422 patents issued and pending
worldwide, ViXS has been recognized with a number of industry awards
for innovation. ViXS is the world leader in transcoder SoC deployments
with over 30 million shipments to date, and still growing.
ViXS has a comprehensive portfolio of products to meet the diverse needs
of the global media industry. Portfolio highlights include the most
advanced dense transcoder available for cloud-based solutions, as well
as SoC's for home devices capable of doing the most simultaneous number
of HD streams in the industry. Moreover, ViXS is the only company to
have integrated transcoding and Multimedia over Coax Alliance (MoCA)
technologies to create the lowest-cost media gateway capable of
delivering premium content to consumer IP devices, such as the iPad,
inside and outside of the home.
ViXS has three primary product lines: XCode, XCodePro and XConnex. The
XCode family of media processors range from stand-alone transcoding
chips to full SoC solutions, each capable of handling from one to four
simultaneous HD-to-HD transcodes. XCodePro products address the
professional enterprise market and are being deployed today for
cloud-based media streaming services. The XConnex product line is for
communications devices, including MoCA 1.1 and 2.0 solutions.
Additionally, ViXS customers are provided with a robust software
development kit named Xtensiv.
ViXS is headquartered in Toronto, Canada with global operations and
offices in Europe, Asia and North America. For more information on
ViXS, visit our website: www.vixs.com.
VIXS™, the ViXS® logo, XCode®, XCodePro™, XConnex™ and Xtensiv™ are trademarks and/or registered
trademarks of ViXS. Other trademarks are the property of their
SOURCE: ViXS Systems Inc.
For further information:
David Jones, Tel: (416) 646-2000, E-mail: email@example.com.