Ambric Acquired by Nethra Imaging

Santa Clara, CA-based Nethra Imaging announced it has acquired the assets of Ambric, the Beaverton, OR, semiconductor company that ceased operations last November. Financial terms were not disclosed. Ambric developed software-programmable chips used in video coding, wireless base stations, and imaging. It was backed by OVP Venture Partners, Northwest Technology Ventures, and others.

Gregory T. Huang is Xconomy's Editor in chief. E-mail him at gthuang [at] xconomy.com. Follow @gthuang

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