OmniVision Receives Buyout Offer from Chinese Investors
OmniVision today indicated it has received an acquisition offer from China-based venture capitalists. Hua Capital Management offered $29 per share for OmniVision, which values the company at about $1.67 billion. OmniVision makes camera sensors for smartphones and tablets. Its chips are found in devices such as the Apple iPhone. OmniVision's products compete with those from Sony, Samsung, and others. OmniVision, which is based in California, said it is evaluating the offer.
Smartphone Camera Shoot-Out: iPhone X, Pixel 2 XL, Galaxy S9+
Is photography your passion? If so, and you're in the market for a new phone, the Apple iPhone X, Google Pixel 2 XL, and Samsung Galaxy S9+ should be at the top of your list.
Samsung Partners with uBreakiFix for Same-Day Galaxy Repairs
Owners of Samsung's newer high-end phones will soon be able to score same-day repairs for most problems. Samsung has teamed up with uBreakiFix, which has some 370 locations around the country, in order to provide more timely repairs.
Private Investors Buy OmniVision for $1.9 Billion
OmniVision has agreed to allow a consortium of private investors purchase the company for about $1.9 billion. OmniVision makes digital imaging products, such as camera sensors for smartphones.
OmniVision Trots Out 8MP Selfie Cam for Phones
OmniVision hopes to make mainstream handsets better at capturing high-quality selfies. The company today announced a new camera module for volume smartphones that takes 8-megapixel images and is compact enough to use on either the front or back.
OmniVision's Latest Sensor Captures Standard and Infrared
OmniVision today announced a new imaging sensor that can be used for facial recognition as well as standard imaging. The OVT2744 is a 1.4-micron PureCel sensor that uses OmniVision's RGB-Ir technology to capture 1080p HD video at 60 frames per second, 720p video at 90 frames per second, or 2-megapixel still images.