Maxim integrated products to acquire Mobilygen

Maxim integrated products has entered into a definitive agreement to purchase Mobilygen. Mobilygen is a fables semiconductor company with products on H.264 video compression. Maxim strategy in buying this company is to become a key supplier in video security semiconductor market. According to research from MultiMedia Intelligence, the video surveillance semiconductor market will pass $2 Billion by 2012.
The main product of this segment is CCTV camera. The notable companies in this market are Texas Instruments, Techwell, Aptina, NextChip, OmniVision, PentaMicro, Pixim, and Stretch.
To address the bandwidth and security issues H.264, is getting popular. The security industry has adopted H.264 as the next-generation video compression standard for streaming, recording, and archived file storage.
Mobilygen has staff strength of 50 engineers and technical experts.

Maxim Multimedia Business Unit Vice President, Ron Clark added: "Mobilygen's
Video codec technology offers customers a 2x cost advantage and up to 10x lower power
Consumption versus a typical DSP solution."