November 9, 2004 - Aricent to acquire Emuzed.
BANGALORE, India, November 9, 2004 - Emuzed Inc., the US based leading provider of mobile multimedia technology and solutions with its R&D centers in Bangalore & Chennai, today announced that it has entered into an agreement to be acquired by Aricent, the world's leading EMS provider.
“Partnering with Aricent, a global leader in mobile manufacturing, along with an established Design Services group is a perfect combination for us and a tremendous value add for customers,” Said Tushar Dave, Chairman of Emuzed Inc.
Commenting on the acquisition from US, Ash Bhardwaj, (President of Aricent’ Design Services and ODM Products Group) said, “Emuzed is a dominant supplier of multimedia technologies, products and services to mobile and consumer electronics industries. By adding their convergence technologies capabilities into our software design services offering will strengthen our existing offering to customers.”.
Emuzed is a leading provider of multimedia solutions to OEMs & ODMs of PC, mobile, Consumer Electronics and Security/Surveillance systems. With proven delivery track record and expertise in multimedia signal processing and embedded systems, Emuzed provides its customers highly customizable interoperability tested applications and high-end engineering services on wide variety of SW & programmable media processor platforms. These solutions enable high quality imaging/video/audio/speech applications on target embedded systems.
Emuzed, in its current form was founded in 2001 by a team of industry veterans, serial entrepreneurs and technology experts from the multimedia technology industry. The company has its HQ in Fremont, Silicon Valley California. The target customers include top Tier PC OEMs, mobile, CE device, DSP/media processor vendors and service providers.
Emuzed, with around 200 employees at Bangalore, has a proven and qualified delivery model - It is one of the very few products & solutions (IP) companies assessed for CMMI Level 4.”.
Aricent is the leading Electronics Manufacturing Services (EMS) provider focused on delivering operational services to technology companies. With fiscal year 2004 revenues of USD$14.5 billion, Aricent is a major global operating company with design, engineering, manufacturing, and logistics operations in 32 countries and five continents. This global presence allows for manufacturing excellence through a network of facilities situated in key markets and geographies that provide customers with the resources, technology, and capacity to optimize their operations. Aricent operates six Industrial Parks in low-cost regions around the world such as Latin America, Asia and Europe.
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NOTE: The Emuzed logo is a registered trademark of Emuzed, Inc. Microsoft and Windows are U.S. registered trademarks of Microsoft Corp. All other registered trademarks and trademarks are the property of their respective companies.
Contact:
Sales@emuzed.com |