|
|
|
|
|
|
4th July 2003
Castle Technology Ltd today announced the purchase of the RISC OS
technology from Pace Micro Technology plc. The transaction involves
the payment of an undisclosed cash sum, ongoing technical support
for Pace‘s existing products and the grant of a licence back to Pace
for intellectual property rights. Castle, based in the UK, have been
developing and supplying RISC OS products for over 10 years and this
acquisition will ensure that RISC OS products continue into the future.
Castle have also formed a joint venture with Cambridge based Tematic
Ltd who will develop, market and support an embedded version of RISC
OS which has been designed for use in the new generation of smart
multimedia products for the high volume consumer electronics market,
while Castle will continue to service the desktop market.
Anthony Dixon, Company Secretary of Pace commented, "We are delighted
to have concluded this transaction with Castle. This allows Pace to
maintain the necessary intellectual property rights and technical
support for our RISC OS based IP gateways through these new licence
agreements. We wish Castle every success for the future".
Jack Lillingston, Castle's Managing Director, said, "The purchase of
this technology combines perfectly with our expertise in manufacturing
and marketing RISC OS computers (illustrated by our recent success
with the launch of the IYONIX pc). This deal will allow us to be at
the heart of exciting new products." Jack concluded, "RISC OS provides
a proven, small-footprint solution, for cutting edge products such as
handheld media devices; we are all very excited with this new
development and relish the future for RISC OS"
About RISC OS
RISC OS development was started in 1988 by Acorn Computers Ltd,
Cambridge and acquired by Pace in 1999. RISC OS is a unique combination
of hardware and software technology developed for desktop computers.
It is also deployed in a number of commercially successful, consumer
electronics products including Pace's DSL4000 gateway, Internet TV
devices and a variety of specialized embedded systems. Over 1 million
units have been shipped with this technology.
RISC OS technology is ideal for the new generation of ARM-based smart
embedded devices because it is the most sophisticated and highest
performance software environment currently available. It has been
designed specifically for high volume, low-cost products that need
to support a market-winning set of features with the absolute
minimum memory and processor requirements.
About Castle Technology Ltd
Castle is the leader in the field of RISC OS desktop products, with
a 10-year track record of year on year growth and a proven expertise
in this area. In 1999 Castle took over the production of the Acorn
range of desktop computers. Their latest development is the IYONIX pc
- the first desktop computer in the world to use Intel‘s XScale processor.
Castle is based near Ipswich in Suffolk. For further information please
visit Castle's web site at http://www.iyonix.com/
About Tematic Ltd
Tematic Ltd offers comprehensive production-ready design solutions
for consumer electronic companies. The Tematic team has a proven
track record for creating and delivering innovative products for
their clients. Tematic can provide a complete, fastest time-to-market
solution for companies who need to turn their ideas into revenue
generating products in the shortest possible time. Tematic's web
site is at http://www.tematic.com/
About Pace Micro Technology plc
Pace Micro Technology plc (LSE: PIC) is a leader in digital television
technology. The Company's primary focus is the development of innovative
home gateway (set-top box) solutions for operators, broadcasters,
telecommunications companies and retail markets worldwide.
In addition, Pace develops edge of network devices for service
providers, in particular digital IP gateways for low-cost integrated
voice and data services.
Pace's head office is in Shipley West Yorkshire, with further offices in
Bracknell, Cambridge, the USA, France and Hong Kong.
For further information, please visit Pace's web site at http://www.pace.co.uk/
|
|
|
|
Any links shown in red are currently unavailable.
© X-Ample Technology BV.
Last changed: Friday, 04 July 2003 - 15:51 CET.
|
 |
|
|
|
