Analog and mixed-signal chip company Exar Corp. (Fremont, Calif.) has acquired Stretch Inc. (Sunnyvale, Calif.), a vendor of software-configurable processors, for an undisclosed amount of money.
Stretch was launched as a startup back in 2004 with a configurable parallel processing architecture that made use of the Xtensa configurable processor licensed from Tensilica Inc. The company’s first product, the S5000 combined a configurable processor with programmable logic to allow a monolithic IC to be tailored automatically to address multiple computing requirements.
Exar said that the acquisition provides the company with the ability to deliver high-definition digital and analog data in surveillance applications.
Stretch has been quiet for the last couple of years but has reportedly built up a strong position in video surveillance. Craig Lytle, CEO of Stretch, will report directly to Louis DiNardo, CEO of Exar, as Senior Vice President of System Products.
"Stretch brings several important attributes to Exar. First, the team is excellent and hails from world-class companies where best practices are developed. Second, the Stretch S6000 series and S7000 series products provide Exar a unique platform to integrate complex and high-value discrete components and improve time to market for customers," DiNardo said, in a statement. "And perhaps most importantly, the Stretch software configurable processor can support our need for digital processing on both the transmitter and receiver side of uncompressed high-definition composite video transmission up to 1000 meters without the need for expensive repeaters. Coupled with our high-performance analog products we are now positioned to deliver best in class solutions for a wide variety of camera, transmission, and recording technologies in the high growth video surveillance market," DiNardo concluded.
Lytle commented: "We have industry-leading customers who have been committed to our products for years. The combination of Exar and Stretch technology with Exar’s financial strength and sales reach will be a powerful combination."
Related links and articles:
News articles:
