SAN JOSE, Calif., and ST. ALBANS, England, May 8, 2008 – ARC International (LSE: ARK), a leading provider of consumer intellectual property (IP) to OEM and semiconductor companies, announced that it has signed a licensing agreement with TM Technology. A subsidiary of Etron, one of the top Taiwanese fabless design houses that specializes in memory products, TM Technology will use its ARC license to create a new system-on-chip (SoC) for multimedia storage applications.
ARC is becoming the preferred solution of choice for consumer electronics applications by improving consumers’ multimedia experiences with high quality audio and video content that is captured, shared, and played on a wide variety of devices. According to Semico Research Corporation, ARC is one of the leading technology suppliers to portable multimedia storage companies, which is a key reason why TM Technology chose to adopt an ARC-Based™ solution for their SoC.
Bill Jackson, ARC’s vice president of marketing, said, “This agreement extends ARC’s reach into the multimedia storage market, and we welcome TM Technology to the growing community of ARC customers in Taiwan.â€
About ARC International plc ARC International is a world leading provider of consumer IP to OEM and semiconductor companies globally. ARC’s award-winning, vertically integrated audio and video solutions enable high quality multimedia content to be captured, shared, and played on a wide range of electronics devices. ARC’s 140+ customers collectively ship hundreds of millions of ARC-Based™ chips annually in products such as Mobile TVs, Portable Media Players, WiFi-/WiMAX-enabled computers, flash storage, digital cameras, network appliances, and medical and government systems.
ARC International maintains a worldwide presence with corporate and research and development offices in San Jose and Lake Tahoe, Calif., St. Albans, England, and St. Petersburg, Russia. For more information visit www.ARC.com. ARC International is listed on the London Stock Exchange as ARC International plc (LSE: ARK).