Broadcom acquired Athena Semiconductors for $21.6 million in cash. The company is banking on Athena's mobile digital TV tuners that use the DMB-H standard to allow handhelds and media players to receive live video feeds. The company sees television delivered to mobile phones and over WiFi as its next venture. A recent InStat report expects the sale of digital TV tuner chips to top 81 million units within the next five years.
For more on Broadcom's acquisition of Athena:
- take a look at this piece from internetnews.com