Camillo Martino, CEO of Silicon Image, bought 5,000 shares of Silicon Image (Stock Symbol: SIMG) at $6.62 per share for a total amount of $33.1 thousand on March 7, 2014.
Silicon Image is headquartered in Sunnyvale, California.
On Feb 24, 2014, Silicon Image announced that MediaTek has partnered with them to include the SiI8348 MHL® transmitter in their latest MT6592 and MT6595 octa-core smartphone SoC platforms. These new reference designs are expected to enable high-performance mobile devices with the same computing power of today’s PCs while offering an immersive multimedia experience with MHL technology.
On January 30, 2014, Silicon Image announced its latest quarterly and annual results. Revenue for fiscal year 2013 was $276.4 million, an increase of approximately 9.5% over fiscal year 2012 of $252.4 million. Revenue for the fourth quarter of 2013 was $61.4 million, compared with $59.6 million in the fourth quarter of 2012 and $79.3 million in the third quarter of 2013.
According to Capital IQ, Silicon Image has a market cap of $533.22 million, an enterprise value of $395.00 million, and trailing 12 month revenues of $276.41 million.
Silicon Image, Inc. provides video, audio, and data connectivity solutions that enable the distribution and presentation of high-definition (HD) and 4K ultra high definition (4K UHD) content for the mobile, consumer electronics (CE), and personal computer (PC) markets. The company delivers its technology through semiconductor and intellectual property products. It offers mobile high-definition link (MHL) and high-definition multimedia interface (HDMI) transmitters that enable smartphones and tablets to connect to televisions, PC monitors, automobile infotainment systems, projectors, audio/video receivers, and other devices with MHL inputs or HDMI inputs via an external MHL-to-HDMI adapter; MHL-to-HDMI bridges for connecting MHL mobile products with HDMI-enabled platforms; and wirelessHD transmitters for providing near-zero latency for HD video between mobile devices and a display. The company also provides dual standard port processors for CE products, such as televisions, AV receivers, sound bars, and home-theater-in-a-box devices; dual standard receivers for HD displays, including projectors and PC monitors, and AV receivers; HDMI transmitters for Blu-Ray players, set-top boxes, and AV receivers; and wirelessHD transmitters and receivers for wirelessHD receiver adapters, HDMI extenders, home theater projectors, and wireless video accessory devices. In addition, it offers product interoperability and standards compliance testing services to manufacturers; operates as an agent for promoting and administering the HDMI specifications; and acts as an agent responsible for licensing the MHL specifications. The company sells its products to original equipment manufacturers of mobile, CE, and PC products in North America, Europe, Taiwan, China, Japan, and South Korea, as well as through a network of distributors in the Americas, Asia, and Europe.
Camillo Martino’s most recent annual compensation from Silicon Image is a salary of $474,000, $24,564 in other compensation, and a total compensation of $450,000. Mr. Martino is 51 years old.
According to his biography, Mr. Camillo served as a board member of SAI Technology Inc. (“SAI”), a privately held company, from June 2006 to November 2010 and, prior to his appointment as Chief Executive Officer of the Company, Mr. Martino served as Chief Operating Officer of SAI from January 2008 to January 2010. From July 2005 to June 2007, Mr. Martino served as the President and CEO of Cornice Inc., a privately held company. From August 2001 to July 2005, Mr. Martino served as the Executive Vice President and Chief Operating Officer at Zoran Corporation, a publicly held company. Prior to August 2001, Mr. Martino also worked at National Semiconductor Corporation for a total of nearly 14 years. Mr. Martino holds a Bachelor of Applied Science in Electrical Engineering from the University of Melbourne, Parkville/Melbourne, Australia and a Graduate Diploma in Digital Communications from Monash University, Clayton, Australia.
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