December 2011 - MStar Semiconductor, Inc. ('MStar') and SPiDCOM Technologies ('SPiDCOM'), a leading designer of powerline communication (PLC) solutions, announced on Nov 28th, 2011 that they have entered into a definitive asgreement to acquire SPiDCOM's PLC technology.
SPiDCOM is a fabless semiconductor company, pioneer in the design of powerline communication (PLC) system on chips (SoC) since its spin-off from the Elsys Design group in 2002. Its products have been deployed in volume worldwide, Ethernet over Coax (EoC) applications in China being its major market. SPiDCOM's other markets include multimedia home networking, broadband-over-powerline (BPL) access, smart grid and smart energy applications.
Headquartered in Taiwan, MStar is a world-class leader in Application Specific ICs ('ASIC') with a focus on consumer electronic products and communication applications. The group has a comprehensive global footprint covering over 15 international R&D and customer support centers. MStar went public in 2010 and is listed on Taiwan Stock ExchangennThrough this acquisition, MStar will be able to address new opportunities in the powerline communication market and provide additional functionality to its digital TV and set-top box products. Building on the acquired IPs and technologies, MStar is best positioned to develop next generation solutions to link Broadcast and Broadband with even more exciting user experience, and deliver a remarkable breakthrough for cross-platform applications ahead of competition.
LD&A, comments: "We are proud and honored to advise again the Elsys Design Group in this international transaction, after the sale of Trango Systems to VMWare in 2008. Through these two successful spin-offs and the tremendous growth of its core activity, Elsys Design has demonstrated its ability to constantly innovate & develop leading technologies in advanced fields such as mobile virtualization and PLC."