Laval, Canada (March 19, 2013) — Embrionix, manufacturer of the emSFP and Semtech Corporation (Nasdaq:SMTC), a leading supplier of analog and mixed-signal semiconductors, jointly announced the acquisition of the full line of Semtech video optical modules (optical SFP) by Embrionix.
”With the acquisition of Semtech’s video optical SFP line, Embrionix is now a one-stop shop for video SFP and advanced emSFP,” said Renaud Lavoie, CEO of Embrionix. Embrionix realized that the SFP video market is in rapid growth, and the synergy created by the acquisition will enable Embrionix to respond to increasing demand more effectively. Embrionix and Semtech have also agreed to work cooperatively for the next generation of emSFP. “By combining the knowledge and experience of both companies, future emSFP products will have superior performance, lower power consumption and a richer feature set,” said Don Shaver, Director of Marketing at Semtech.
Embrionix will continue to supply Semtech Video Optical Module (VOM) customers with existing products and will leverage the existing supply chain to minimize any impact resulting from the change of control of the Semtech VOM product line. ”This product line is well established and given Embrionix’s focus on advanced SFP and emSFP for Video, we will pursue the business as flawlessly as possible,” Lavoie added.
This deal creates a strong collaboration between Embrionix and Semtech and sets the foundation for ongoing collaboration on future products. “We are excited to formalize our relationship with Embrionix. We are confident that Embrionix will provide strong support to VOM customers and we look forward to working together on future emSFP products,” said Gary Beauchamp, SVP & GM of Semtech’s Gennum Product Group.
Semtech selected Embrionix because they are focused on the Broadcast Video market and are also focused on the development, sales, and marketing of SFP module solutions. As the pioneer in copper SFP solutions, Embrionix has demonstrated a deep market understanding and technical acumen to support these products and this market. “Embrionix is excited to acquire the Semtech Video Optical module line. As the only manufacturer focused on the video industry, these products complement our existing line and offer a complete portfolio to our customers,” added Lavoie.
Semtech will continue to be involved during a transition period to ensure the transaction is transparent for customers.
Embrionix provides a new approach in the product interface market for broadcast manufacturers. Embrionix designs and builds innovative, advanced SMPTE VIDEO SFPs to close the gap between fiber optic deployments, coaxial deployments, and emerging technology deployments, such as HDMI, composite video, Ethernet, etc... By leveraging its core competencies in video broadcast, the company provides SFP modules (emSFP) with the highest level of flexibility to major broadcasters in the industry. The company is based in Laval, Canada, and has global design, research and development, and sales offices located in Canada, California, United Kingdom and Japan. For more information on pricing and availability, for more information, please visit www.embrionix.com or contact us at firstname.lastname@example.org.
Semtech Corporation is a leading supplier of analog and mixed-signal semiconductors for high-end consumer, computing, communications and industrial equipment. Products are designed to benefit the engineering community as well as the global community. The company is dedicated to reducing the impact it, and its products, have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and designing for resource reduction. Publicly traded since 1967, Semtech is listed on the NASDAQ Global Select Market under the symbol SMTC. For more information, visit http://www.semtech.com.