Zoran Corporation
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| Type | Public NASDAQ: ZRAN |
|---|---|
| Founded | 1983 |
| Founder(s) | Dr. Levy Gerzberg |
| Headquarters | Sunnyvale, California, US |
| Area served | Worldwide |
| Key people | Dr. Uzia Galil Chairman of the Board Dr. Levy Gerzberg President CEO Director |
| Revenue |  $ 438.54 million - 2008 |
| Operating income | $ -216.04 million - 2008 |
| Net income | $ -215.73 million - 2008 |
| Total assets | $ 572.45 million - 2008 |
| Total equity | $ 479.41 million - 2008 |
| Employees | 1,411 - September 2009 |
| Website | Zoran.com |
Zoran Corporation NASDAQ: ZRAN is a multinational digital technology company, headquartered in Silicon Valley. The name Zoran is derived from the Hebrew word for silicon. Zoran is incorporated in the state of Delaware and has offices in Canada, China, England, Germany, India, Israel, Japan, Korea, Taiwan, and the US.[1]
The company was founded in 1983.
Due to the similarity between the Zoran Corporation's name and that of Max Zorin's fictional company in the James Bond film A View to a Kill, which was released in 1985, a disclaimer had to be added to the film to stress that there was no connection between the fictional company and the Zoran Corporation - none of the films producers had been aware of the Zoran Corporation's existence when selecting a name for the villainous Max Zorin (Christopher Walken) and his fictional organisation.
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[edit] History
Zoran was founded in 1983 by Dr. Levy Gerzberg, with focus on DSP technology. In 1997 Zoran acquired CompCore Multimedia and named George T. Haber Executive VP and to its Board of Directors. Mr. Haber started GigaPixel, Mobilygen and now is currently the CEO of CrestaTech. Currently Zoran develops and manufactures chips that are used in a wide range of consumer electronics including DVD players, DVD recorders, HDTV, Digital Cameras and Set-top boxes.
In 2003, Zoran purchased Oak Technology, thereby expanding the product portfolio with chips for use in inkjet printers, laser printers, printer/scanner combination devices, and industrial imaging equipment.
[edit] CSR plc. merger
On 21 February 2011, Zoran announced it was merging with CSR, a global leader in wireless connectivity and location.[2].
On 2011-06-17, CSR plc., announced Zoran had agreed to accept lower bidding price under the revised merger terms, following Zoran had reported a larger than expected loss last month.[3]. On 2011-08-30, Zoran Corporation announced the approval of the proposed merger agreement with CSR plc[4], and was completed on 2011-08-31.[5]
[edit] References
- ^ Company Profile
- ^ CSR plc announces merger with Zoran Corporation
- ^ CSR Says Zoran Accepts Lower Offer in Revised Merger Terms
- ^ Zoran Stockholders Approve CSR Merger
- ^ CSR and Zoran combine to create a leading provider of platforms and solutions to the global consumer electronics industry
[edit] External links
- http://www.zoran.com/ - Company Website
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