Novabase to set up R&D company in France
From Branislav Pekic in Rome
Portuguese IT company Novabase is to set up a company in France which will be devoted to research and development of technologies in the area of digital TV.
Novabase Digital TV will be located in the region of Caen and foresees an investment of E600,000 by the end of the year, and of E1.2 million in 2011.
The company suggested that the basis for creating the enterprise was the recruitment of a highly specialised team of Trident Microsystems, a leading company on the residential market of digital entertainment and a partner of Novabase in the development of Chip-on-Board and of the System-in-Package.
For its part, Novabase is a leading European company in the introduction of digital TV, operating particularly in the area of High Definition TV and the provision of TV content on mobile devices/laptops.