Miranda Technologies has spun off a new company which will use its video processing technology to target digital cinema, post production and home theatre.
The new company, called Algolith, will be headed up by Christian Tremblay, founder and former president of Miranda. Based in Montreal, Miranda's hometown, Algolith will use the same technology that was used to develop Miranda's Aquila up-converter and the DT-4101 noise reducer.
The company has a license to Miranda's intellectual property portfolio and technology to build its format conversion and pre/post processing application products.
Algolith will market to four areas: software, hardware, IP cores and DSP's. The company's first software package, Algolith, is an Apple Shake plug-in that deinterlaces, resizes, converts frame rate and reduces noise in images.
The first hardware implementation will be the DT-4102, a 3D noise reducer that builds on Miranda's DT-4102. The company also plans to look for strategic partnerships for its algorithms with IP core and DSP implementations.
The company's executive management includes Miranda's VP and COO Dominique Ste-Marie, also the founding president of Keyvia, a Montreal-based asset management company; CTO Chon Tam Le Dinh, a Miranda co-founder and CEO of Syncom Image Display Systems; director of hardware and Miranda co-founder Jocelyn Ouellet; and direct of software Daniel Collin.
"Alogolith is not just any start-up; it's a start-up with a big brain," stated Tremblay. "With a solid foundation in intellectual property development and expertise in providing world-class video processing solutions, we'll be able to hit the ground running."
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