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To: BillyG who wrote (48636)2/15/2000 1:04:00 PM
From: Nevin S.  Respond to of 50808
 
Anybody see the ZRAN/Infineon announcement?

biz.yahoo.com

Tuesday February 15, 11:07 am Eastern Time
Company Press Release
Zoran and Infineon Join Forces To Develop Next-Generation Digital TV/Set-Top Box Solution
Integrated Audio/Video IC and Software Addresses the Convergence, Networked, Home-Multimedia Market
SANTA CLARA, Calif./MUNICH, Germany--Feb. 15, 2000-- Zoran Corporation (Nasdaq NM:ZRAN - news), and Infineon Technologies today announced signing an agreement to license and develop a highly integrated single-chip Digital TV decoder to address the emerging DVB Digital TV and Set-Top-Box markets.

The device will introduce a new level of integration of video, audio, graphics, communication, processing and embedded memory, perfectly suited to the evolving demands of smart, Internet-connected TVs.

The development will be a joint effort between Zoran's and Infineon's skilled engineering teams and will produce a highly integrated IC, designed to address the convergent Home Multimedia and Networked market. The new IC will benefit from the combined strengths of both companies. Infineon is a leader in embedded DRAM technology and communication system solutions such as VDSL and COFDM as well as analog TV. Zoran, a leading provider of ICs and embedded software for digital video and audio applications enabled by compression, contributes its DSP-based video and audio technologies that have become a standard household item via DVD, Dolby Digital audio systems and Digital Cameras. The joint development effort will result in a complete system solution including a reference platform that will allow OEMs to greatly decrease time to market.

``I am excited to work with Zoran,' stated Ruediger Stroh, Senior VP and General Manager of Infineon's Computer and Networking Peripherals group. ``By combining their proven track record in making such technologies like DVD and Dolby Digital a standard household item with Infineon's experience in the communication field, we expect a success story for both companies as well as for our customers.'

``We are proud to work with an industry leader like Infineon,' said Dr. Isaac Shenberg, Zoran's Senior Vice President, Business Development. ``While remaining focused on the DVD and digital camera markets, Zoran is continuing to leverage its technologies via partnerships in new markets. Zoran's partnership with Infineon will benefit the consumer TV and set-top-box world.'

``We are excited to work with Infineon's engineers on this challenging development,' said Alon Ironi, Zoran's Vice President of Engineering. ``This international collaborative development project, leveraging Infineon's vast technology pool and experience in analog and digital TV and Zoran's VLSI and embedded SW capabilities will enable us to reach a new technological peak.'

About Infineon

Infineon Technologies AG Munich, Germany, offers semiconductor solutions for applications in the wireless and wired communications market, for the automotive and industrial sector, for security systems and chip cards as well as memory products. With a global presence, Infineon operates in the US from San Jose, Calif., and in the Asia Pacific region of Singapore. In the Fiscal year 1999 (end September 1999), the company achieved sales of Eur 4.24 billion (US $4.51 B) with 25,800 employees worldwide. Further information at www.infineon.com