ESS Technology Company Description
ESS loves to mix the sights and sounds of technology. ESS Technology designs multimedia chips for electronics devices such as DVD players, DivX movie players, and digital audio systems. Its decoder chips support a wide range of video and audio formats, while its encoder chips transform DVD players into recordable devices. Its image processors are used in digital still cameras and camera-enabled cell phones; ESS is de-emphasizing that business and discontinuing sales, however. Top customers of the fabless semiconductor company include LG Electronics, Philips, Samsung, Sharp, and Sony. In 2008 Imperium Partners Group bought ESS Technology for about $58 million in cash.
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The Company Description provides a historical perspective of ESS Technology's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of ESS Technology's evolution in the marketplace.
