Freescale Acquires Zenverge and Its Market-Leading Transcoding Technology

Addition of advanced HD media delivery technology helps Freescale improve security for Internet of Things applications

AUSTIN, Texas-- December 2, 2014 -- Freescale Semiconductor (NYSE:FSL) has acquired Zenverge, a fabless semiconductor company and a leading developer of advanced HD content processing ICs.

Zenverge’s market-leading transcoding technology enables the conversion of one media stream into multiple streams, each individually formatted and optimized for the specific internet connected device or platform where it will be displayed. Among the supported formats planned is the Ultra HD (HEVC) standard, which features outstanding 4K resolution while delivering up to 50 percent bandwidth savings due to highly advanced data compression. The Zenverge technology also allows for the secure sharing of HD video and other rich digital content, while providing seamless integration of content distributed across the cloud and throughout the world’s networks.

According to Geoff Lees, senior vice president and general manager for Freescale’s Microcontroller product group, the transaction will significantly enhance Freescale’s content processing, storage and interoperability capabilities for a range of Video Internet of Things applications and markets.

“This acquisition extends Freescale’s reach into both display- and media-centric processing at a time when both the volume and density of internet content is growing rapidly,” said Lees. “Zenverge is a recognized leader in the secure optimization, unification, storage and distribution of rich digital content. The company’s highly advanced technologies present growth opportunities for Freescale in new markets, while providing compelling and highly differentiated functionality for future generations of many popular Freescale product portfolios.”

As part of the agreement, key members of Zenverge have joined Freescale. Terms of the deal were not disclosed.

About Freescale Semiconductor

Freescale Semiconductor (NYSE: FSL) is a global leader in embedded processing solutions, providing industry-leading products that are advancing the automotive, consumer, industrial and networking markets. From microprocessors and microcontrollers to sensors, analog integrated circuits and connectivity – our technologies are the foundation for the innovations that make our world greener, safer, healthier and more connected. Some of our key applications and end-markets include automotive safety, hybrid and all-electric vehicles, next generation wireless infrastructure, smart energy management, portable medical devices, consumer appliances and smart mobile devices. The company is based in Austin, Texas, and has design, research and development, manufacturing and sales operations around the world. www.freescale.com