MosChip, ESS pact for IP design

By Yahoo News   |   Thursday, 20 January 2005, 20:30 IST
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HYDERABAD: The city based MosChip has entered into a pact with ESS Technologies to develop Intellectual Property for audio and video electronic designs and services. After the pact, officials of ESS Technologies, a Nasdaq listed maker of audio and video electronics solutions said in a statement ‘we have been impressed by the capability of its engineering team in various facets of IP design, software. MosChip Semiconductor Technology CEO Ram Reddy said on the four year pact ‘collaboration with ESS will add new IP to library, which will enable us to launch new products at reduced costs and short time’.