Friday, February 24, 2017 8:08:03 AM
You may also see they expect Avanci to start generating revenues this
year. The Hillcrest purchase was a very smart purchase.
Further we will drive the IoT opportunity. We should expect to begin to see revenue from Avanci and also revenue from the deployment of our software. While the amount of revenue may initially be small, what we will be looking for is a quality of customer to related revenues such that we can demonstrate the ability of the IoT business to grow quickly.
I think the way to look at Hillcrest I mean I appreciate that you can look at the revenue that they bring to the table and the markets they participate in and the cost they apply to our income statement and there is certainly opportunity for growth in that markets that they are participating in. The more immediate near-term value of Hillcrest is its impact on our core business. Is not their independent revenue and so if you think about customers that Hillcrest has had or has, I mean they have LG as a customer, they have other vendors in China that have been customers.
It is the ability to work with those strong customer positions and drive core licensing business deals. That is the value. So I will give you as an example as a result of the relationship with Hillcrest we were to be able to drive a strong deal with the ZTE.
The Hillcrest acquisition at that point it proves itself to be the valuable transaction we believe it is. And then the incremental revenue growth they have in their own business is really gravy on top of that.
The ZTE comment tells us something and LG being a Hillcrest licensee
makes it easier to get them rascals to pay up.
JMO
Mickey
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