Privately held company sees 2010 revenues double for the fourth consecutive year; Total number of companies licensing Vivante GPU IP cores grows to 40
SUNNYVALE, Calif., December 28, 2010 -- Vivante Corporation today announces the company has marked four major corporate milestones in 2010. The product milestones include a cumulative 40 companies licensing Vivante GPU cores; and multiple customers having integrated Vivante’s industry leading multicore GPUs into semiconductor products launching in 2011. The financial milestones include the fourth consecutive year of annual revenues more than double the prior year; and royalty revenue received from multiple customers on shipments of licensed SoC products.
Vivante says the pace of growth in the licensable GPU market in 2010 has been dramatic. Demand for GPU IP cores has increased markedly over 2009 across a spectrum of applications including smartphones and tablets; gaming consoles and home entertainment; automotive instrumentation, navigation and rear seat entertainment; highly cost sensitive applications such as printers, cameras and cordless phones; as well as non-graphics computing applications in the GPU pipeline (GPGPU).
“In 2010, we saw a number of factors combine to drive healthy increases globally in both the quantity and quality of our GPU IP licensing business,” said Wei-Jin Dai, President and CEO of Vivante. “The rapid consumer acceptance and demand for Google’s Android environment across a range of platforms. The industry’s standardization on OpenGL ES 2.0 in application content, as well as the web infrastructure provided by WebGL, Adobe AIR/Flash and HTML5 is driving healthy growth in demand for both our highest performance multicore and established single core GPUs. We are starting to see our existing customer base migrating to the top end of our product line, and in 2010 we have been successful winning new customers based on the common selection criteria of highest performance in the silicon budget and power consumption envelope.”
About Vivante Corporation
Vivante, a leader in multimedia IP solutions, provides the highest performance and lowest power characteristics across a range of Khronos Group API conformant GPU products based on the Scalarmorphic architecture. Vivante GPUs are integrated into customer silicon solutions across a range of consumer electronics platforms running thousands of graphics applications. Vivante is a privately held company incorporated in California headquartered in the heart of Silicon Valley, with an R&D center in Shanghai, China.
For more information, visit http://www.vivantecorp.com.