January 15, 2014 -Exar Corporation (NYSE: EXAR) , a leading provider of high-performance analog mixed-signal and data management solutions, today announced the acquisition of software configurable processor provider Stretch Co., Ltd. to support its video surveillance market. The transaction has ended today, and the move will provide Exar with technology for end-to-end high-resolution solutions for digital and analog transmission of data from the camera to the DVR or NVR.
"Stretch has entered important" blood "for Exar. First, it is an excellent company team, they are from a world-class company and have received the best training. Second, Stretch S6000 series and S7000 series products bring Exar integration complexity and high value. Discrete components and a unique platform for customers to improve time to market. "Exar Chairman and CEO Louis DiNardo commented. "More importantly, the Stretch software configurable processor supports the need for uncompressed high-definition video transmission on transmitters and receivers up to 1000 meters without the need for expensive repeaters. Together with Exar high-performance analog products, we are being Repositioning to provide the best solution for many camera, transmission and recording technologies in the fast-growing surveillance market! "Mr. DiNardo concluded.
Stretch's chairman and CEO, Mr. Craig Lytle, will serve as the company's senior vice president of system products and report directly to Mr. DiNardo. Mr. Lytle commented: "Stretch is already in the leading position in the video surveillance market, and we are very happy and committed to promoting the Exar business. We have industry quality customers who have been loyal to our products for years. Exar and Stretch technology, plus Exar ’s Financial strength and sales network can be called a strong combination. "
About Exar
Exar is dedicated to the design, development and sale of high-performance analog mixed-signal integrated circuits and advanced subsystem solutions for the network and storage, industrial and embedded systems, and communications architecture markets. Exar products cover power management and connectivity components, communications products, network security, and storage optimization solutions. Exar has branches all over the world to ensure real-time customer support.
About Stretch
Stretch Co., Ltd. is the world leader in providing software-configurable software and the first to embed programmable logic in processors. Using familiar C / C ++ programming tools, system developers can automatically configure Stretch's off-the-shelf processors to achieve superior performance, ease and rapid development, significant cost savings and flexibility to address different markets and respond to changing application needs. Stretch products are used in global video processing, machine vision and wireless applications.
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