TI buying Spectron from Dialogic to gain DSP software, operating system
A service of Semiconductor Business News, CMP Media Inc.
Story posted at 1:30 p.m.EST/10:30 a.m. PST, 1/22/98
DALLAS --In a move to enhance its digital signal processing development
environment, Texas Instruments Inc. here today announced an agreement to
acquire the assets and operations of Spectron Microsystems, a
wholly-owned subsidiary of Dialogic Corp.
TI said the specific terms of the acquisition were still subject to closing
adjustments, but it expected to pay between $20 million and $26 million for
Spectron Microsystems, which is based in Santa Barbara, Calif. The
operation develops and markets advanced system software, such as
Spectron's SPOX real-time operating systems for DSP applications.
With the acquisition, TI said it would gain development software that
eliminates low-level programming tasks and simplifies the creation of new
DSP-based applications .
"TI and Spectron have enjoyed a long standing relationship that has resulted
in some of the most advanced software tools in our industry," said Mike
Hames, vice president of TI's semiconductor group and worldwide manager
of DSP. "For more than a decade, Spectron's engineering talent has
remained on the forefront of operating systems and advanced development
tools for DSP."
Founded in 1987, Spectron was acquired by Parsippany, N.J.-based
Dialogic in February 1995. TI said Spectron will remain in Santa Barbara
and become part of its semiconductor group. Spectron employs about 60
workers.
"This transaction will permit the accelerated development of leadership
real-time operating systems for digital signal processing," said Howard G.
Bubb, president and CEO of Dialogic. "This is consistent with Dialogic's
interest in advancing the development of DSP software. Further, we will
continue as a user and retain certain rights to continuing development of
related software important to our business."
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