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.
Comcast Details Mobile Phone Service as Xfinity Mobile
Comcast today revealed details of its forthcoming Xfinity Mobile phone service. The company will use Verizon's 4G LTE network for the service, using an existing MVNO agreement.
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 Partners with Almalence for Low-Light Performance
OmniVision Technologies today announced that it is working with Almalence to improve the low-light capabilities of its products. Specifically, OmniVision is pairing Almalence's computational imaging algorithms with its own OV10823 and PureCel OV13850 image sensors.
OmniVision Outs Two High-End Camera Sensors
OmniVision today announced two new camera modules for high-end smartphones. The OV23850 and OV21840 PureCel-S are capable of capturing images as large as 23.8 and 21.4 megapixels, respectively.