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Tessera to Acquire Siimpel
May 2010
SAN JOSE, Calif., May 10, 2010 — Tessera Technologies Inc. announced its entrance into a definitive agreement to acquire microelectromechanical systems (MEMS) based camera solutions manufacturer Siimpel Corp. of Arcadia, Calif.

The former company, who invests, licenses and delivers miniaturization technologies for next-generation electronic devices, will pay approximately $15 million in cash for the MEMS provider. The transaction is subject to standard closing conditions.

It does not anticipate a revenue contribution in the second quarter of 2010 from the acquisition. It does, however, expect to incur additional second quarter Non-GAAP operating expense of between $1.8 million and $1.9 million as a result of the purchase.

The acquisition will enable the company to expand its image enhancement portfolio by using the latter company’s MEMS-based auto focus solution to address camera modules with higher pixel resolutions.

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A light-tight box that receives light from an object or scene and focuses it to form an image on a light-sensitive material or a detector. The camera generally contains a lens of variable aperture and a shutter of variable speed to precisely control the exposure. In an electronic imaging system, the camera does not use chemical means to store the image, but takes advantage of the sensitivity of various detectors to different bands of the electromagnetic spectrum. These sensors are transducers...
image enhancement
The digitization process by which an image is manipulated to increase the amount of information perceivable by the human eye.
1. In optics, the ability of a lens system to reproduce the points, lines and surfaces in an object as separate entities in the image. 2. The minimum adjustment increment effectively achievable by a positioning mechanism. 3. In image processing, the accuracy with which brightness, spatial parameters and frame rate are divided into discrete levels.
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