MStar Semiconductor has completed its acquisition of fellow IC design company Alpha Imaging Technology, according to a MediaTek filing with the Taiwan Stock Exchange (TSE).

Eyeing IoT and image sensor chip business opportunities, MStar Semiconductor plans to acquire Alpha Imaging Technology for a total of NT$2.07 billion (US$66.37 million).

MediaTek affiliate Alpha Imaging Technology (AIT) has successfully entered the supply chain for Samsung and will provide image signal processor (ISP) solutions for Samsung's 5-megapixel...