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Technology / AI and automation

MEDIA CHIP FIRM CHROMATIC TO SHED HALF ITS STAFF

Chromatic Inc, the media processor firm, is to cut half of its staff as part of the refocusing effort announced last week (CI No 3,448). The Sunnyvale, California-based company has halted the development of the third generation of its Mpact PC media co- processor after the volume shipments it had hoped for did not materialize. The company says it hasn’t given up on the market yet, and is working a new architecture for future products.

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CBR Staff Writer

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