Ambarella Inc., a the leader in low-power, high-definition video compression and image processing semiconductors, today announced that it has received the Start-Up to Watch Award from the Global Semiconductor Alliance (GSA) at its annual Awards Dinner Celebration held on Thursday, December 10, 2009 in Santa Clara, California.
The GSA Start-Up to Watch Awards Committee, which is comprised of members of the Emerging CEO Council, venture capitalists and select serial entrepreneurs in the industry, has chosen Ambarella as the 2009 winner of the Start-Up To Watch Award, identifying Ambarella as the semiconductor company that demonstrates the potential to positively change its market or the semiconductor industry in general through the innovative use of semiconductor technology or a new application for semiconductor technology.
“We congratulate Ambarella on winning the 2009 GSA Start-Up to Watch Award,” said Jodi Shelton, co-founder and president of the GSA. “This is the second year for Ambarella to win a GSA award with the first in 2008 for Outstanding Financial Performance. Ambarella has proven its strength in the market since its first round of funding in 2004 with advancements in innovative and proprietary processors in the video camera market,” added Shelton.
“We are honored to have been recognized by the GSA for the second consecutive year,” said Fermi Wang, President and CEO of Ambarella. “Ambarella has grown rapidly the past two years, expanding its innovative solutions for digital video and audio processing semiconductor to enhance television viewing and consumer personal video recording experience worldwide. We look forward to continue expanding and broadening our market presence in the years ahead.”
The Global Semiconductor Alliance (GSA) mission is to accelerate the growth and increase the return on invested capital of the global semiconductor industry by fostering a more effective ecosystem through collaboration, integration and innovation. It addresses the challenges within the supply chain including IP, EDA/design, wafer manufacturing, test and packaging to enable industry-wide solutions. Providing a platform for meaningful global collaboration, the Alliance identifies and articulates market opportunities, encourages and supports entrepreneurship, and provides members with comprehensive and unique market intelligence. Members include companies throughout the supply chain representing 25 countries across the globe. For more information on GSA, please visit www.gsaglobal.org.
Ambarella is a technology leader in low-power, high-definition video compression and image processing semiconductors. Ambarella products are helping to define a new class of hybrid digital cameras that bring consumers unmatched high definition video and digital still images together in one device. Many cameras and camcorders from top brands have been shipping worldwide using Ambarella SoC’s. Ambarella‘s technology is also widely used in broadcasting and a large amount of TV programming worldwide is transmitted using Ambarella compression chips. For more information on the Ambarella product line, please visit www.ambarella.com.