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Zoran Corporation Announces Completion of Emblaze Semiconductor Acquisition
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Jul 8, 2004, 09:45
Sunnyvale, California - July 8, 2004 - Zoran Corporation, a leading provider of digital solutions on-a-chip for applications in the growing digital entertainment and digital imaging markets (Nasdaq: ZRAN), today announced the completion of its acquisition of Emblaze Semiconductor, a subsidiary of Emblaze Ltd. (LSE: BLZ) and a provider of semiconductor-based solutions for high volume multimedia mobile phones. Zoran does not anticipate that the transaction will have any impact on its current earnings forecast for the remainder of 2004.
About Zoran
Zoran Corporation, based in Sunnyvale, California, is a leading provider of digital solutions-on-a-chip for applications in the growing digital entertainment and digital imaging markets. With two decades of expertise developing and delivering digital signal processing technologies, Zoran has pioneered high-performance digital audio, video, and imaging applications. Zoran's proficiency in integration delivers major benefits for OEM customers, including greater capabilities within each product generation, reduced system costs, and shorter time to market. Zoran-based DVD, digital camera, DTV, and imaging products have received recognition for excellence and are now in millions of homes and offices worldwide. With headquarters in the U.S. and operations in Canada, China, Europe, Israel, Japan, Korea, and Taiwan, Zoran may be contacted on the World Wide Web at www.zoran.com or at (408) 523-6500.
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