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Discussion Starter · #1 ·
From the PR NewsWire:
http://biz.yahoo.com/prnews/000607/ca_sage_fa.html


Wednesday June 7, 6:05 pm

Eastern Time


Company Press Release


SOURCE: Sage, Inc.


Sage, Inc.

Announces

Shareholder Approval of Merger With

Faroudja, Inc.


SAN JOSE, Calif., June 7 /PRNewswire/ -- Sage, Inc., (Nasdaq:

SAGI - news) a leading supplier of digital display processors,

announced today that the shareholders of Sage and Faroudja,

Inc. (Nasdaq: FDJA - news), a world leader in high-performance

video processing technologies, have approved the transaction

for Faroudja to merge into a wholly owned subsidiary of Sage in

a stock-for-stock transaction. The merger will be effective as of

the close of business on June 7, 2000.


Each Faroudja shareholder will receive .285 shares of Sage for

every Faroudja share held in a tax-free exchange. The

transaction, accounted for as a purchase for Sage, is expected

to become accretive to Sage's cash earnings per share during

calendar 2001. On a pro-forma basis as of March 31, 2000, the

combined company had shareholders' equity of approximately

$176 million and combined revenues for the year ended March

31, 2000 of approximately $32 million. The combined company

will be well positioned to capitalize on the highly-integrated chip

design skills of Sage and the video processing algorithms of

Faroudja. The new company aims to deliver a wide range of

single-chip solutions across a range of markets in a timely and

cost-effective manner.


``With this merger, Sage will provide high quality imaging

solutions for a new generation of digital displays for TVs, PCs

and digital appliances,'' said Chandra Reddy, president and

chief executive officer of Sage. ``With our combined range of IP,

technology and know-how across the fields of digital imaging

and video processing, we believe that we will have a dominant

position in the expanding digital display market. Together, we

believe that we have all the necessary components to capture

an increasing share of the dynamic digital display and other

related markets''.


Glenn Marschel, Jr., president and chief executive officer of

Faroudja, stated, ``We are pleased to be joining forces with

Sage. Sage's reputation for high quality digital display

processors, combined with our world-beating expertise in high

performance video processing technologies, will allow the

combined company to provide a wide range of video solutions to

the world's leading display manufacturers, thereby expanding

our position in the converging display marketplace. As a result

of the merger, the combined company will also be able to target

the television, projector, internet appliance and DVD

marketplaces.''


About Sage Inc.


Sage designs, develops and markets high performance display

processors for use in digital displays. Sage delivers

cost-efficient, ASIC and board-level solutions that effectively

take video from any source in any format and process it for

display on any screen at any resolution. Through increasing

levels of integration in successive generations of its processors,

Sage is helping drive down system costs for display

manufacturers, thereby accelerating the adoption of new display

technology not only by mainstream PC markets (for digital

desktop monitors), but also by consumer electronics market

segments such as flat TVs, digital CRTs, DVDs and internet

appliances.


About Faroudja


Faroudja is a world leader in high performance video

processing technologies for markets requiring superior image

quality solutions. Faroudja provides innovative products for the

HDTV broadcast, home theater, digital television and PC/TV

convergence markets. Faroudja's technologies are protected by

more than 60 patents. Faroudja has received numerous

awards, including an Emmy award for Engineering Development

and a Lifetime Achievement Emmy presented in June 1998 to its

founder, Yves Faroudja.


Sage is a publicly traded company located in San Jose, CA and

can be reached at 408-383-5300 (Phone), 408-383-5310 (Fax)

or through its web site at www.sageinc.com.


For a discussion of factors that could cause actual results to

differ, please see the publicly available SEC filings of Sage, Inc.,

including its 10Q for the quarter ended December 31, 1999,

and particularly the discussion of risk factors within such

documents.


SOURCE: Sage, Inc.


[This message has been edited by hifipj (edited June 07, 2000).]
 

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Hello Pat,


Any ideas how this merger might help us?


Does this mean we'll soon have available to us a Faroudja quadrupler on a PCI card for the low "Faroudja" price of $4,999.99?


Sorry to sound so negative, I just can't imagine Faroudja offering a PC based processor at an average PC-consumer-based price point. What's your take on all this?


Thanks for the link,

- monsoon


[This message has been edited by monsoon (edited June 08, 2000).]
 

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Hi hifipj:


___Having never experienced a Faroudja scaler in person, by the sounds of the members that have, this may be the "Cat’s Meow" for everything but possibly HTPC DVD playback (meaning everything else). I am wondering if they will be releasing there yet to be released PC cards for us at a price we can live with as Monsoon stated above. I have trouble justifying the purchase of a GeForce DDR given the $150.00 I paid for an ELSA Erazor X last week so you can see where I am coming from. I am also wondering if they are going to try to do this properly or just hack something together like some HW to PC card vendors do. I visited Sage’s site (theirs or there hosts servers sure are slow this morning) and didn’t really find anything of interest over there. If you have any other information on their plans, please keep us informed.


Thank you for the post.


___Wayne R. Gerdes

___Hunt Club Farms Landscaping Ltd.

___ [email protected]
 

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Dennis,


I believe Pat already posted your link earlier yesterday, and was surprised how little attention it received on this forum. I was pretty excited to see the news release myself.


With Sage's acquisition of Faroudja and Silicon Image's of DVDO...I think the market of ultra high-end video scaler/doublers might be in trouble down the road. Which is to say, great for HT enthusiasts w/average income like most of us here. I wonder what DWIN, Deuce, etc...are thinking for the future?


Thanks for the posts, Pat. It's great to see these trends in HT. BTW, thanks also for your initial SGHT article back in June. I never gave HTPC a second thought until I read the article (then took the plunge 3 months later)!


------------------

Vu


[This message has been edited by bodegabay (edited 11-08-2000).]
 

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Discussion Starter · #6 ·
Vu,


You're welcome. I'm also surprised that the Sage announcement has gone largely unnoticed; to me, it's quite an acheivement.


And how could one not get excited about HTPC? This kind of quantum leap in the price/performance ratio has never been seen in consumer audio/video.


Best Regards,


Pat
 

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I'm sorry that I hadn't posted about this earlier. I was babbling excitedly to everyone I met at the AVS Dinner at CES about this. Sage was showing this chip in a modified Philips player, comparing it's video deinterlacing performance with a Toshiba Progressive player on identical monitors. The results were astonishing. They had the video of the US flag waving in the breeze on both, and the Philips piece had clean, solid edges. It did not look like "film". It looked like 480P video. It was beautiful, and reflected the best of Yve's wonderful - and dreadfully overpriced - work of the last 20 years.


Krell has licenced this for a player already, and I expect to see it in any number of prototype machines at the next CEDIA, and in commercial products at the next CES. As for what will appear at Comdex, I have no idea. A clever company could add it to a specialist video card, but I have my doubts if the market is large enough to justify it. I do see it being made as an aftermarket mod for stand-alone players, a la the MSB card.
 

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Quote:
Originally posted by Brett:


Chris,


To bad Mark Rejhon has been called away to other horizons. This is just the stuff for an AV Science specialty item - a Faroudja based no holds barred ulitimate HTPC scaler. The worldwide client base is here now, all it takes is a few units sold to members in each country for entire populations to login in droves and overload Alan and David's Online Purchases Server!

This type of project could even mean enough cashflow to warrant pulling Mark out of his early retirement from AVS? http://www.avsforum.com/ubb/wink.gif



At CES, I saw what may prove to be the ultimate DVD/CD/CDR jukebox - a 400 disk monster from, of all people, Kenwood. I posted about it a little while ago here.


What is interesting about it is that it says it's video module is being designed and manufactured by Faroudja. Sounds like the same thing Chris W. is talking about......



------------------

Ix (The planet of technology in the book Dune for the geeks out there)

My Opinions may be wrong when compared to yours
www.maximumgamer.com

[email protected]
 

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This chip sounds like a great chip for OEM markets. You could put in laptops etc. It's a little pricey for a stand alone card. But it would be about the same a Hollywood+. If it had S-Video in that would be sweet. But I bet it'll be awhile be for those trickle down to us.


Trevor


------------------

Stop 5C,HDCP And DFAST. We Killed DIVX, we'll kill this too. Boycott JVC and iscan DVDO.
 

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Chris,


To bad Mark Rejhon has been called away to other horizons. This is just the stuff for an AV Science specialty item - a Faroudja based no holds barred ulitimate HTPC scaler. The worldwide client base is here now, all it takes is a few units sold to members in each country for entire populations to login in droves and overload Alan and David's Online Purchases Server!

This type of project could even mean enough cashflow to warrant pulling Mark out of his early retirement from AVS? http://www.avsforum.com/ubb/wink.gif


------------------


Brett
 

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Quote:
Originally posted by Ix:


At CES, I saw what may prove to be the ultimate DVD/CD/CDR jukebox - a 400 disk monster from, of all people, Kenwood. I posted about it a little while ago here.
At CEDIA I was shocked to see some of Kenwood's new products. Well thought out new designs, great price points, features that will matter...only to get home from the show and discover that the store's buyer had just dropped Kenwood. The best one at that point was a 200 disc CD changer with an RS-232 port and downloadable CDDB support for the PC - for $299. It looks to be a total winner.

Quote:


What is interesting about it is that it says it's video module is being designed and manufactured by Faroudja. Sounds like the same thing Chris W. is talking about......
I hope so, and given how clued-in their new engineers seem to be, it seems likely.
 

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Congrats Pat! You were about one year ahead of the rest of us here... http://www.avsforum.com/ubb/smile.gif



Now it is time for us to catch up!!!



We're all geared up for an AV Science forum special HTPC case, but what about one of these? They aren't making them? Lets make our own!



We're lucky enough to count among us qualified and entreprising individuals such as Ken Hotte of Screengoo Fame. Couldn't we start a list of people ready to purchase a KBK special Faroudja-based Radeon input card for interlaced video sources? Not only would it deliver Faroudja quality scaling for interlaced video, but it would also incorporate all of Ken's know-how and wizardry: the best of current technology + the best of tweaks all in one package - make me the first on your list! http://www.avsforum.com/ubb/cool.gif


------------------------

Brett


PS: We should first check to find out if such a venture would interest him. http://www.avsforum.com/ubb/wink.gif
 

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Uhhh, how much of the value of a Faroudja is really in this chip?


Are they really giving away the crown jewels for $29?


But yeah, I'll take one if someone will build the card. http://www.avsforum.com/ubb/wink.gif


- Tom


------------------

(This sentience has tree errors.)
 

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Quote:
Originally posted by trbarry:
Uhhh, how much of the value of a Faroudja is really in this chip?


Are they really giving away the crown jewels for $29?


But yeah, I'll take one if someone will build the card. http://www.avsforum.com/ubb/wink.gif


- Tom

That's the thing. It would be great fun to design something based on this -- but with the market limited to a relatively few afficianodos, I don't see how you could price it as other than a high-end item . . .
 

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Remember, the 4 inputs on the conexant 878 chip are adressble, an two can be used to make a s=video input, or four composite, or just two s-video inputs. this adressability should be more closely looked at. There may be posibilites there.


------------------

goosystems.com


Ken Hotte

[email protected]
 
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