News Article
LSI Logic acquires Metta Technology
LSI Logic Corporation announced it has acquired Metta Technology, Inc. for approximately $7 million in cash.
Metta Technology, Inc., a privately held company with principal offices in Pune, India, develops multimedia system-on-chip technology and related software for consumer electronics products.
"Through the acquisition of Metta Technology, we are increasing our focus on delivering the advanced, feature-rich solutions required by next generation digital video and edutainment products," said Umesh Padval, executive vice president, Consumer Products Group, LSI Logic. "We are excited to add the significant experience of the Metta team to LSI and anticipate it will improve our competitiveness as we address these growing consumer opportunities."
