Silicon Image designs, develops and markets semiconductor solutions for applications that require cost-effective, high-bandwidth, integrated solutions for high-speed data communications. They are initially focusing their technology on the local interconnect between host systems, such as PCs, set-top boxes and DVD players, and digital displays, such as flat panel displays and CRTs. Their current products enable host systems to transmit digital video data and enable displays to receive and manipulate digital video data. Silicon Image is focused mainly on the display market, but is broadening its design capabilities in realms such as networking and storage applications.
Mitac International, which sells unbranded products to companies incorporating Silicon Image's transmitters, controllers, and receivers, accounts for 54% of sales; other customers include ATI Technologies, Compaq, Toshiba, and ViewSonic.
August Capital Management own 23% and Intel owns 5%.
Competitors include ATI Technologies and Genesis Micro.
Proposed proceeds to be raised: $45M
Underwriters: Credit Suisse First Boston; BancBoston Robertson
Stephens; Dain Rauscher Wessels |
