Ambric Acquired by Nethra Imaging
Gregory T. Huang4/7/09
Santa Clara, CA-based Nethra Imaging announced it has acquired the assets of Ambric, the Beaverton, OR, semiconductor company that ceased operations last November. Financial terms were not disclosed. Ambric developed software-programmable chips used in video coding, wireless base stations, and imaging. It was backed by OVP Venture Partners, Northwest Technology Ventures, and others.
Gregory T. Huang is Xconomy's National IT Editor and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com, call him at 617-252-7323, or follow him on Twitter at @gthuang.
