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H.264 encode - is it possible?

Other Parts Discussed in Thread: OMAPL138

I have a customer who is looking to do H.264 encode of 720p @ 30fps as well as an AAC audio codec function. I'm looking at the DM365 but was wondering if the codecs would run on something like an OMAPl138. I'm trying to find the cheapest option for them or at least offer a couple of alternatives

Cheers

Calum