Pixim Acquired by Sony
Sony Electronics, San Diego, Calif., closed an acquisition agreement with Pixim Inc., Mountain View, Calif., a manufacturer of chipsets for security cameras.
According to Sony, the company will use Pixim’s “Image Sensor technologies and engineering design expertise to further strengthen [Sony’s] global design and support functions. Upon the conclusion of the acquisition, Pixim Inc. will play an important role for our image sensor semiconductor business as a subsidiary of Sony Electronics.”
Pixim said it is excited about the merger as it will benefit Pixim employees, investors, and customers.