Intel buys digital TV assets for US$70 million

Intel has agreed to buy the digital TV components business of Zarlink Semiconductor Ltd. for $70 million, it said Friday.

Intel has agreed to buy the assets of a U.K. company that makes components for building digital TVs and other consumer electronics gear, it announced Friday.

The U.S. chip maker will pay approximately US$70 million for the client-side RF (radio frequency) components business of U.K.-based Zarlink Semiconductor, a subsidiary of Zarlink Semiconductor of Ottawa, Zarlink said in a statement.

The move is part of Intel's strategy to sell collections of related software and silicon parts used by manufacturers to build consumer electronics products.

The deal includes demodulators and tuners for receiving digital audio and video broadcasts to TVs, set-top boxes, recorders and other devices. They allow the devices to receive, extract and decompress the broadcast and then display or store the content, said Intel, in California.

The business generated revenue of US$53 million in its 2005 fiscal year, according to Zarlink. Selling the assets will allow Zarlink to focus on its network communications, optical and ultra-low power businesses, it said.

Intel will pay US$68 million in cash and US$2 million in "other consideration," Zarlink said. The deal is subject to closing conditions, including the retention of Zarlink employees, and is expected to close in November, it said.

The acquisition would complement Intel's purchase earlier this year of Oplus Technologies, which makes video processing technologies, Intel said.

Join the PC World newsletter!

Error: Please check your email address.

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

James Niccolai

IDG News Service
Show Comments

Most Popular Reviews

Deals on PC World

Deals on PC World

Latest News Articles


GGG Evaluation Team

Kathy Cassidy


First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni


For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Steph Mundell


The Fujitsu LifeBook UH574 allowed for great mobility without being obnoxiously heavy or clunky. Its twelve hours of battery life did not disappoint.

Andrew Mitsi


The screen was particularly good. It is bright and visible from most angles, however heat is an issue, particularly around the Windows button on the front, and on the back where the battery housing is located.

Simon Harriott


My first impression after unboxing the Q702 is that it is a nice looking unit. Styling is somewhat minimalist but very effective. The tablet part, once detached, has a nice weight, and no buttons or switches are located in awkward or intrusive positions.


Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?