Allegro DVT to acquire Amphion Semiconductor.

Allegro DVT, the leading provider of video codec compliance test suites and semiconductor video IPs, has acquired Amphion Semiconductor, the Belfast-based developer of video codec semiconductor IP solutions. Financial terms were not disclosed. The resulting company will operate under the Allegro DVT brand from its existing offices in Grenoble, France, and Belfast, Northern Ireland. The acquisition brings together two best-in-class IP providers, combining the capabilities of Allegro DVT's advanced video codec IPs, together with Amphion's silicon-proven video decoder IPs. It positions Allegro DVT as the first semiconductor IP company to offer commercially available hardware-based, real-time encoder and decoder solutions for the new AV1 video encoding format for SoC implementations, supporting 4K/UHD up to 8K. "We are delighted to announce the acquisition of the Amphion IP and team, which will clearly position Allegro DVT as the world's leading video codec IP provider. More than ever before, the development of efficient hardware-based video solutions requires more investment and skilled resources as a result of the increasing complexity of new and emerging video encoding formats. The complementary product offerings of both companies immediately put us in prime position to be able to provide a complete portfolio to our customers for their video encoding, decoding, and transcoding applications," Nouar Hamze, Allegro DVT CEO.