VeriSilicon Completes Acquisition of Vivante

SANTA CLARA, Calif.-- January 06, 2016 --VeriSilicon Holdings Co., Ltd. (VeriSilicon), a Silicon Platform as a Service (SiPaaS^TM) company, today announced that it has successfully closed its previously announced acquisition of Vivante Corporation (Vivante). The all-stock transaction significantly expands VeriSilicon’s robust IP platform for the automotive, IoT, mobility, and consumer markets.

“This acquisition further enhances our SiPaaS offering with the addition of GPU cores and vision image processors,” said Wayne Dai, VeriSilicon chairman, president and chief executive officer. “Our combined technology and scale expands our ability to provide best-in-class IP, design services and turnkey ASICs that enable our customers’ differentiated products. We look forward to combining our executive, sales and engineering staffs to further capitalize on significant growth opportunities, particularly in the automotive and IoT markets.”

About VeriSilicon

VeriSilicon Holdings Co., Ltd. is a Silicon Platform as a Service (SiPaaS^TM) company that provides IP-centric, platform based custom silicon solutions and end-to-end semiconductor turnkey services for a wide range of applications across a wide variety of end markets including mobile internet devices, datacenters, the Internet of Things (IoT), wearable electronics, smart homes, and automotive.

VeriSilicon’s SiPaaS solutions shorten design cycle, enhance quality, and reduce risk. The breadth and flexibility of our SiPaaS solutions make it an attractive alternative for a variety of customer types, including both emerging and established semiconductor companies, Original Equipment Manufacturers (OEMs), Original Design Manufacturers (ODMs), and large Internet platform companies.

VeriSilicon’s silicon platforms include licensable Vivante GPU cores and vision image processors, ZSP® (digital signal processor) based HD audio, HD voice, multi-band and multi-mode wireless platforms, Hantro HD video platforms, wearable electronics platforms, IoT platforms, mixed signal NUI (natural user interface) platforms for voice, motion and touch interface. VeriSilicon’s custom silicon turnkey service encompasses design service that combines its technology solutions and value-added mixed signal IP portfolio targeted for a wide range of process technology nodes, including advanced nodes like 28nm and 22nm FD-SOI, FinFET and provide product engineering service for System on a Chip (SoC) as well as System in a Package (SiP).

Founded in 2001 and head-quartered in Shanghai, China, VeriSilicon has over 600 employees with six R&D centers (China, US and Finland) and nine sales offices worldwide.