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Zoran Corp, the Santa Clara, California based producer of digital video and audio compression integrated circuits and software, is celebrating a multi-million dollar purchase order for its JPEG chips from Iomega Corp. The deal is its biggest ever. Iomega will use the technology in its forthcoming Buz multimedia producer, due to ship in the fourth quarter of this year. Buz is a video capture and editing board that is used with Iomega’s Jaz and Zip drives to get multimedia data in from camcorders, DVD-ROMS, CD- ROMS, video cassette recorders, laser disk players and digital cameras into a personal computer. It combines Ultra SCSI bus, video capture and multimedia software, and can be used as a single connection for all multimedia devices plugged into a PC or Macintosh. It’s expected to cost $200. Zoran says it sees the device as a way of getting some of its high-end graphics into the hands of consumers, which would take away some of the revenue uncertainties the company has faced as it waits for the home DVD market to take off at last.

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