Monday, January 9th 2012
Intel and Cavium make WiDi Deal
Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable intelligent processing for networking, communications, and digital home applications, today announced a technology and marketing collaboration with Intel (NASDAQ: INTC) to offer Intel(R) WiDi-based products designed to enable superior wireless display consumer experience. The resulting end-to-end solution will combine Intel(R) WiDi's ease-of-use and innovation with Cavium's super low latency technology and advanced video processing techniques to further enhance Intel(R) WiDi's interactivity and broaden its target applications. As a part of the marketing collaboration, Intel and Cavium will work together to expand and grow the market for wireless display products. A range of OEMs will soon be offering Intel(R) WiDi compatible receivers with Cavium's PureVu(TM) media SoC. Live demonstrations of Cavium's new Intel(R) WiDi receivers are available at Cavium's suite at the 2012 International Consumer Electronics Show in Las Vegas, between Jan 10th and 13th.
"Intel(R) WiDi-based laptops have enjoyed a very rapid adoption in the market during the past two years, expected to pass the 20Mu mark by the end of 2011," said Kerry Forell, Product Manager at Intel Corporation. "Through this collaboration with Cavium, we expect our customers to be able to offer products with a broader range of wireless display capabilities, which in turn should translate to more choices and enhanced experience for consumers."
Since its initial introduction in 2010, Intel(R) WiDi has emerged as a leading wireless display PC solution, with broad adoption across that industry. Major PC OEMs are now offering the 2nd generation of Intel(R) WiDi, with 1080p resolution, 5.1 multi-channel sound, and HDCP content protection for delivering premium content. Intel(R) WiDi-enabled receivers constitute an important component of the complete solution, contributing to perceived video quality, end-to-end latency, and overall consumer experience. Leveraging Cavium's highly integrated, low latency PureVu(TM) media processors, along with the company's technology leadership in high quality and fully interactive wireless display solutions, customers can deliver a new line of Intel(R) WiDi compatible receivers that offer best-in-class wireless content sharing for next generation Intel notebooks, tablets, and handsets. In addition, as TV and PC monitor OEMs adopt Cavium's media processors for their next generation products, consumers can enjoy this enhanced Intel(R) WiDi experience as an integrated function inside the display.
"We are very excited about collaborating with Intel in the rapidly growing wireless display market," said Kourosh Amiri, Sr. Director of Marketing at Cavium's Digital Home and Office Division. "Intel and Cavium share a common vision of enabling an immersive wireless display consumer experience. Both companies are fully committed to the WiFi Alliance's wireless display standardization efforts. This collaboration will bring together the best of what the two companies have to offer to further enhance the wireless display market to deliver products that enable seamless content-sharing."
About Cavium, Inc. Cavium is a leading provider of highly integrated semiconductor products that enable intelligent processing in networking, communications and the digital home. Cavium offers a broad portfolio of integrated, software compatible processors ranging in performance from 10 Mbps to over 40 Gbps that enable secure, intelligent functionality in enterprise, data-center, broadband/consumer and access & service provider equipment. Cavium's processors are supported by ecosystem partners that provide operating systems, tool support, reference designs and other services. Cavium's principal offices are in San Jose, California with design team locations in California, Massachusetts, India, Taiwan and China. For more information, please visit: http://www.cavium.com.
Note on Forward-Looking Statements This press release may contain forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. These forward-looking statements involve risks and uncertainties, as well as assumptions and current expectations. Our actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks, uncertainties and assumptions. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include but are not limited to the rate at which our new products are adopted; whether Cavium is successful in marketing its products; rate of new design wins; development of new products and technologies; technological advances; pricing pressures; general economic conditions; manufacturing difficulties; and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission. More information about these and other risks that may impact Cavium's business are set forth in the "Risk Factors" section of our Form 10-Q filed with the Securities and Exchange Commission on November, 4, 2011. All forward-looking statements in this press release are based on information available to us as of the date hereof and qualified in their entirety by this cautionary statement, and we assume no obligation to revise or update these forward-looking statements.
Cavium Contact:
Angel Atondo
Sr. Marketing Communications Manager
Tel: 408-943-7417
Email: angel.atondo@caviumnetworks.com
"Intel(R) WiDi-based laptops have enjoyed a very rapid adoption in the market during the past two years, expected to pass the 20Mu mark by the end of 2011," said Kerry Forell, Product Manager at Intel Corporation. "Through this collaboration with Cavium, we expect our customers to be able to offer products with a broader range of wireless display capabilities, which in turn should translate to more choices and enhanced experience for consumers."
Since its initial introduction in 2010, Intel(R) WiDi has emerged as a leading wireless display PC solution, with broad adoption across that industry. Major PC OEMs are now offering the 2nd generation of Intel(R) WiDi, with 1080p resolution, 5.1 multi-channel sound, and HDCP content protection for delivering premium content. Intel(R) WiDi-enabled receivers constitute an important component of the complete solution, contributing to perceived video quality, end-to-end latency, and overall consumer experience. Leveraging Cavium's highly integrated, low latency PureVu(TM) media processors, along with the company's technology leadership in high quality and fully interactive wireless display solutions, customers can deliver a new line of Intel(R) WiDi compatible receivers that offer best-in-class wireless content sharing for next generation Intel notebooks, tablets, and handsets. In addition, as TV and PC monitor OEMs adopt Cavium's media processors for their next generation products, consumers can enjoy this enhanced Intel(R) WiDi experience as an integrated function inside the display.
"We are very excited about collaborating with Intel in the rapidly growing wireless display market," said Kourosh Amiri, Sr. Director of Marketing at Cavium's Digital Home and Office Division. "Intel and Cavium share a common vision of enabling an immersive wireless display consumer experience. Both companies are fully committed to the WiFi Alliance's wireless display standardization efforts. This collaboration will bring together the best of what the two companies have to offer to further enhance the wireless display market to deliver products that enable seamless content-sharing."
About Cavium, Inc. Cavium is a leading provider of highly integrated semiconductor products that enable intelligent processing in networking, communications and the digital home. Cavium offers a broad portfolio of integrated, software compatible processors ranging in performance from 10 Mbps to over 40 Gbps that enable secure, intelligent functionality in enterprise, data-center, broadband/consumer and access & service provider equipment. Cavium's processors are supported by ecosystem partners that provide operating systems, tool support, reference designs and other services. Cavium's principal offices are in San Jose, California with design team locations in California, Massachusetts, India, Taiwan and China. For more information, please visit: http://www.cavium.com.
Note on Forward-Looking Statements This press release may contain forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. These forward-looking statements involve risks and uncertainties, as well as assumptions and current expectations. Our actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks, uncertainties and assumptions. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include but are not limited to the rate at which our new products are adopted; whether Cavium is successful in marketing its products; rate of new design wins; development of new products and technologies; technological advances; pricing pressures; general economic conditions; manufacturing difficulties; and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission. More information about these and other risks that may impact Cavium's business are set forth in the "Risk Factors" section of our Form 10-Q filed with the Securities and Exchange Commission on November, 4, 2011. All forward-looking statements in this press release are based on information available to us as of the date hereof and qualified in their entirety by this cautionary statement, and we assume no obligation to revise or update these forward-looking statements.
Cavium Contact:
Angel Atondo
Sr. Marketing Communications Manager
Tel: 408-943-7417
Email: angel.atondo@caviumnetworks.com
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