Infineon, Motorola and Agere to Form Chip Venture

June 18, 2002 by Jeff Shepard

Infineon Technologies AG (Munich, Germany) announced that it is teaming up with Motorola Inc. (Austin, TX) and Agere Systems Inc. (Allentown, PA) to speed development of specialized chips used in cell phones and DVD players. Each company will own a third of the new company named StarCore LLC (Austin, TX), which will develop and market digital signal process (DSP) cores.

The new company is scheduled to begin operations in the late summer of 2002, subject to regulatory approvals. Sales, marketing and other corporate duties will be based out of an office in Austin, with about 40 employees. The design and development offices, with about 60 workers, will be in Tel Aviv.

"The central goal of the new StarCore is to proliferate world-class DSP core technologies through open licensing," said StarCore CEO Thomas Lantzsch.