MediaTek Acquires CMOS Sensor Provider ElecVision
May 25, 2007
Following the acquisition of US NuCORE's controlling stake in March 2007, MediaTek recently announced it had procured the operational assets of Taiwan-based ElecVision, so as to enhance its mobile phone platform by tapping ElecVision's expertise in CMOS (Complementary Metal-Oxide-Semiconductor) sensor and fingerprint sensor technologies. Although the transaction value was not disclosed, MediaTek declared the price was less than NT$300 million (US$9 million; US$1 = NT$33.4), exempting the details of the deal from being released.