SANTA CLARA, Calif., — March 17, 2015—OMNIVISION Technologies, Inc. (NASDAQ: OVTI), a leading developer of advanced digital imaging solutions, today announced that its ultra-low power OV788 video processor will enable high-definition (HD) video streaming capabilities on Acer’s Build Your Own Cloud (BYOC™) platform. Acer’s BYOC is a secure, cross-platform, multi-device cloud solution that allows businesses or individuals to wirelessly store, sync, and access data at anytime and anywhere.
“Use cases such as video-based home monitoring are only the beginning for this technology. The flexibility of the OV788 development kit for Acer’s BYOC platform can open up incredible possibilities for hardware and software developers,” said Ray Cisneros, senior vice president of worldwide sales and sales operations at OMNIVISION. “OMNIVISION strives to work alongside companies like Acer that drive innovation and collaboration among industry leaders to bring the Internet of Things concept into focus.”
“We are very pleased to welcome OMNIVISION to the Acer BYOC alliance, and to work together on expanding this unique cloud ecosystem,” said Maverick Shih, president of BYOC and tablet business group at Acer. “Our open-platform and development modules allow companies from various fields to find what best suit their needs and build their cloud-based solutions, while minimizing investment in time and resources.”
OMNIVISION’s OV788 video processor, with “instant on” 720p HD video signal processing and capturing, enables users to quickly stream high quality video content to Acer’s BYOC platform. The OV788 platform is suitable for a wide range of applications, including home monitoring systems, baby monitors, video doorbells, wearable devices, and IOTs camera devices.
Established in 1976, Acer is a hardware + software + services company dedicated to the research, design, marketing, sale and support of innovative products that enhance people’s lives. Acer’s product offering includes PCs, displays, projectors, servers, tablets and smartphones — tools our customers need to explore beyond limits and experience more. Acer employs 7,400 people and ranks No. 4 for total PCs globally. Revenues for 2013 reached US$12.02 billion. Please visit http://www.acer.com for more information.
Certain statements in this press release, including statements regarding the expected benefits, performance, capabilities, and potential market appeal of the OV788 and systems into which it is incorporated are forward-looking statements that are subject to risks and uncertainties. These risks and uncertainties, which could cause the forward-looking statements and OMNIVISION’s results to differ materially, include, without limitation: potential errors, design flaws or other problems with the OV788 and/or other solution elements, customer acceptance, demand, and other risks detailed from time to time in OMNIVISION’s Securities and Exchange Commission filings and reports, including, but not limited to, OMNIVISION’s annual report filed on Form 10-K and quarterly reports filed on Form 10-Q. OMNIVISION expressly disclaims any obligation to update information contained in any forward-looking statement.