Some time ago I wrote about post-processing companies being acquired by larger multimedia companies such that they can address the whole video pipeline, from image capture to display. It’s a bit late, but for completeness sake I should really mention that another post-processing company was bought by a bigger multimedia company: Zoran buys Letitwave for $27M. Let it wave had Prof. Stephane Mallat on its staff, a world renowned expert on using wavelets for signal processing.