C-Cube Named Industry's Leading Provider of MPEG Digital Video Silicon for 1997 by Dataquest
MILPITAS, Calif.--(BUSINESS WIRE)--Aug. 17, 1998--C-Cube Microsystems (NASDAQ:CUBE - news) announced today that Dataquest has named C-Cube the world's leading provider of MPEG digital video silicon for 1997.
C-Cube's first mover advantage in the market for digital video has enabled the company take the lead position in Dataquest's annual ranking of MPEG decompression silicon solutions for the second consecutive year. In 1997 C-Cube controlled more than 40 percent of the worldwide revenue from sales of all types of MPEG digital video decoder chips, more than twice the share of its nearest competitor.
To determine the leading vendor, Dataquest evaluated worldwide sales of both MPEG-1 and MPEG-2 decompression chips.
''C-Cube's semiconductor business maintained a strong market lead as a result of focused execution and its ability to respond quickly to changing market demands,'' said Alex Balkanski, president and CEO of C-Cube Microsystems.
''In addition to capitalizing on critical applications in both the communications and consumer segments, we continued to invest in the strategic programs that we expect will drive the success of the corporation long term. We are excited about the opportunities that lie before us as the penetration of digital video expands to the broad consumer market.''
C-Cube led the creation of the MPEG standard and has continued to play an active role in driving open standards for a variety of digital video applications worldwide.
C-Cube was the first company to deliver an MPEG decoding chip for digital set-top boxes, a digital video decoding chip for consumer electronics, an MPEG encoding processor for digital broadcast and a frame accurate MPEG editing (FAME(tm)) codec for nonlinear editing.
The company's highly programmable processor architectures will allow C-Cube to continue penetrating new market opportunities for digital video communications and consumer applications.
About Gartner Group's Dataquest
GartnerGroup's Dataquest is the recognized leader in providing the high-technology and financial communities with market intelligence for the semiconductor, computer systems and peripherals, communications, document management, software, and services sectors of the global information technology industry.
Additional information about the company is available on the Internet at gartner.com.
About C-Cube Microsystems
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