NeoMagic Corporation company was founded in 1993 and is headquartered in San Jose, California. NeoMagic Corporation is engaged in designing, developing and marketing semiconductor solutions, known as applications processors, for salling to manufacturing of mobile phones and handheld devices. The Company delivers a suite of middleware and sample applications for imaging, video and audio functionality, and it provides multiple operating system ports with customized drivers for its products. Its product portfolio includes semiconductor solutions known as Applications Processors. The Company’s Applications Processors are sold under the MiMagic brand name. In mobile phones, its Applications Processors are designed to work side-by-side with baseband processors that are used for communications functionality. On February 15, 2008, it completed the sale of selected patents, which included its embedded DRAM patents, and a patent application to Faust Communications Holdings, LLC. As of January 25, 2009, the Company’s NeoMobile TV chip is not in production.