Page All:
Page 1
Ittiam Showcases Leading Edge Technologies for Smart Phones and Tablets at its 10-Year Anniversary Event
Multimillion Units of Customer End Products Sold in the Market With Ittiam Software Embedded
BANGALORE, India, February 3, 2011/PRNewswire/ -- Ittiam Systems today announced that the company has
successfully deployed a wide array of media processing and communication
technologies in the explosive markets for Smart Phones and Tablets.
Founded in 2001, Ittiam has been a leading supplier of media
processing and communication technologies for end products such as portable
media players / recorders, digital camcorders, set-top-boxes, in-transport
infotainment, IP video phones, video conference equipment, video surveillance
and media broadcast systems. In the recent two years, Ittiam has successfully
applied many of its field-hardened technologies built through extensive R&D
to provide advanced features for Smart Phones and Tablets.
In the current financial year FY2010-11 ending on March 31, 2011,
Ittiam would have close to six million high end smart phones and tablets
sold by its customers that embed its multimedia technology for 720p
high-definition video player and camcorder functions. To speed up customers'
time to market, Ittiam has delivered high performance multimedia codecs, use
case applications and system integration support.
"Our aim is to enable our OEM customers to build smart phones
and tablets with the best-in-class movie player, camera and video conference
features on par with individual gadgets designed for those functions," said
Srini Rajam, Chairman and Chief Executive Officer of Ittiam Systems. "We
expect the end product units with our technologies to grow rapidly by 3X over
the next 3-years with the addition of our leading edge multi-party video
communication and advanced audio-video-imaging functions. We will focus on
this high growth market along with our traditional focus on consumer and
communication markets which have formed our foundation. The idea is to bring
high end functions to the mobile world as well as take back cool innovations
from the mobile world to the traditional markets," he added.
"Ittiam has shown the ability to foresee the demands of new
applications and meet them with its technology innovations," commented Will
Strauss, President of Forward Concepts. "Its market-proven media system
capabilities have now found a new home in the smart phone and tablet world,
which it can penetrate even deeper," he said.
Ittiam has achieved sustained profit and growth in the first
decade of its operation becoming a dependable, long-term player in the
embedded systems design space. The company has two strong venture capital
investors in Global Technology Ventures (GTV) and Bank of America Merrill
Lynch, who have cumulatively invested a capital of $13.5 million in Ittiam.
About Ittiam Systems Private Limited
Ittiam Systems Private Limited, headquartered in Bangalore, is
a technology product company singularly focused on embedded systems in media
processing and communication. The company operates through its network of
offices and representatives around the world. Ittiam has a customer base of
over 300 companies distributed across U.S., Europe, Japan and Asia. Since
2004 the company has been consistently rated as the 'World's Most Preferred
DSP IP Supplier' in the annual surveys conducted by Forward Concepts
Incorporated. In 2005 Ittiam had been selected by Red Herring into the top
100 private companies in Asia. In 2007, Ittiam received the NASSCOM India IT
Innovation Award, a prestigious recognition of the company's innovative
product designs.
For more details, visit http://www.ittiam.com.
Media Contact:
Samir Dhond
Ittiam Systems
Email: Samir.dhond@ittiam.com
Phone: +91-80-6660-1000
Source: Ittiam Systems Private Limited
Media Contact: Samir Dhond, Ittiam Systems, Email: Samir.dhond@ittiam.com, Phone: +91-80-6660-1000
Ittiam Showcases Leading Edge Technologies for Smart Phones and Tablets at its 10-Year Anniversary Event
Multimillion Units of Customer End Products Sold in the Market With Ittiam Software Embedded
BANGALORE, India, February 3, 2011/PRNewswire/ -- Ittiam Systems today announced that the company has
successfully deployed a wide array of media processing and communication
technologies in the explosive markets for Smart Phones and Tablets.
Founded in 2001, Ittiam has been a leading supplier of media
processing and communication technologies for end products such as portable
media players / recorders, digital camcorders, set-top-boxes, in-transport
infotainment, IP video phones, video conference equipment, video surveillance
and media broadcast systems. In the recent two years, Ittiam has successfully
applied many of its field-hardened technologies built through extensive R&D
to provide advanced features for Smart Phones and Tablets.
In the current financial year FY2010-11 ending on March 31, 2011,
Ittiam would have close to six million high end smart phones and tablets
sold by its customers that embed its multimedia technology for 720p
high-definition video player and camcorder functions. To speed up customers'
time to market, Ittiam has delivered high performance multimedia codecs, use
case applications and system integration support.
"Our aim is to enable our OEM customers to build smart phones
and tablets with the best-in-class movie player, camera and video conference
features on par with individual gadgets designed for those functions," said
Srini Rajam, Chairman and Chief Executive Officer of Ittiam Systems. "We
expect the end product units with our technologies to grow rapidly by 3X over
the next 3-years with the addition of our leading edge multi-party video
communication and advanced audio-video-imaging functions. We will focus on
this high growth market along with our traditional focus on consumer and
communication markets which have formed our foundation. The idea is to bring
high end functions to the mobile world as well as take back cool innovations
from the mobile world to the traditional markets," he added.
"Ittiam has shown the ability to foresee the demands of new
applications and meet them with its technology innovations," commented Will
Strauss, President of Forward Concepts. "Its market-proven media system
capabilities have now found a new home in the smart phone and tablet world,
which it can penetrate even deeper," he said.
Ittiam has achieved sustained profit and growth in the first
decade of its operation becoming a dependable, long-term player in the
embedded systems design space. The company has two strong venture capital
investors in Global Technology Ventures (GTV) and Bank of America Merrill
Lynch, who have cumulatively invested a capital of $13.5 million in Ittiam.
About Ittiam Systems Private Limited
Ittiam Systems Private Limited, headquartered in Bangalore, is
a technology product company singularly focused on embedded systems in media
processing and communication. The company operates through its network of
offices and representatives around the world. Ittiam has a customer base of
over 300 companies distributed across U.S., Europe, Japan and Asia. Since
2004 the company has been consistently rated as the 'World's Most Preferred
DSP IP Supplier' in the annual surveys conducted by Forward Concepts
Incorporated. In 2005 Ittiam had been selected by Red Herring into the top
100 private companies in Asia. In 2007, Ittiam received the NASSCOM India IT
Innovation Award, a prestigious recognition of the company's innovative
product designs.
For more details, visit http://www.ittiam.com.
Media Contact:
Samir Dhond
Ittiam Systems
Email: Samir.dhond@ittiam.com
Phone: +91-80-6660-1000
Source: Ittiam Systems Private Limited
Media Contact: Samir Dhond, Ittiam Systems, Email: Samir.dhond@ittiam.com, Phone: +91-80-6660-1000