Business
Contract Extension
Contract Extension.
About this update from Arkle Resources Plc
[{"type":"text","content":"\n Arc International PLC\n16 April 2007\n\n\n\n\nMedia Contact: Financial Contact:\nLee Garvin Flanagin Juliet Clarke / Matt\n Dixon\nARC International Financial Dynamics\n+1 408 437 3433 +44 20 7831 3113\[email protected] [email protected]\n\n\n\n\n\n16 April 2007\n\n\n\n Broadcom Standardizes on ARC's Configurable Technology for High Volume\n Multimedia Applications\n\n Broadcom Corporation Extends Existing ARC Relationship with\n New 10 Year Licensing Agreement\n\n\nELSTREE, England, April 16, 2007 - ARC International (LSE: ARK) today announced\nthat Broadcom Corporation has signed a 10 year extension to its existing\nlicensing agreement with ARC International. It gives Broadcom long-term access\nto ARC's configurable solutions for the development of advanced system-on-chips\n(SoCs) targeting advanced multimedia applications. Broadcom is using ARC's\nconfigurable products to create SoCs for consumer devices that already are\nramping to volume production, and incorporate standard and high definition\nadvanced video compression capabilities.\n\nDaniel Marotta, senior vice president and general manager of Broadcom's\nBroadband Communications Group, said, \"ARC's configurable technology is ideal\nfor our engineering teams in Broadcom's Broadband Communications Group that are\ncreating solutions for high volume consumer markets. By using ARC in our\nmultimedia SoC development, we are able to design chips that meet our customers'\nrequirements for the delivery of advanced video compression in silicon. We are\npleased to extend our relationship with ARC and to standardize a key element of\nBroadcom's technology strategy on their configurable products.\"\n\nCarl Schlachte, president and CEO of ARC International, said, \"Broadcom has been\none of ARC's leading customers since 2004. This new ten year licensing\nagreement is a reflection of the high value a Tier 1 company places in ARC's\npatented configurable solutions for the design of advanced SoCs targeting high\ngrowth and high volume consumer applications. We welcome the beginning of a new\nchapter in the Broadcom/ARC relationship, and look forward to supporting their\nfuture market success with ARC-Based technology.\"\n\n\nAbout ARC's Patented Configurable Technology\n\nARC's patented configurable subsystem and processor technology enables SoC\ndesigners to create silicon ...