LONDON ChipWrights, (Waltham, Massachusetts), which develops digital signal processing-based devices called visual signal processors (ViSPs), has been bought by CCTV specialist AD Group (Warrington, England).
Pat Chiumiento has become the CEO of ChipWright Design and John Redford the CTO. Both have been with the company for over four years and AD says it intends to keep the current team in place, with additional personnel expected to be recruited as the business operation expands.
ChipWrights ViSPs are built on an architecture which mixes a RISC processor and an integrated and scalable array of DSP vector processing units, Applications range from real-time image capture/presentation to image transmission/network media infrastructure.
Nigel Petrie, AD Group Chairman, said, “At AD we appreciate the advanced nature of the technology which ChipWrights provides and believe that its future prospects are extremely bright. We are committed to supporting the ChipWrights team plus its current and future generation of products and sales channels and view the company as a great investment opportunity for the Group.”
AD Group, which owns Dedicated Micros, has a turnover of approx $170 million and claims to be one of the first companies to embrace the concept of video over IP. It's interests now include CCTV systems for aircraft, transport, smoke detection, together with camera technology and digital video recorders and multiplexers.