Conexant Systems, Inc. designs, develops and sells semiconductor system solutions, consisting of semiconductor devices, software and reference designs, for imaging, video, audio, and modem applications. These include a portfolio of imaging solutions for multifunction printers (MFPs), fax platforms, and digital photo frame market segments. The Company’s video solutions are targeted at personal computer television (PCTV) applications that enable consumers to watch broadcast television on a personal computer and the video surveillance and security market. In addition, it provides audio solutions that are targeted at personal computer (PC) audio, speakers, and audio subsystems. On August 11, 2008, it completed the sale of certain assets related to its Broadband Media Processing (BMP) business to NXP B.V. (NXP).