Our society increasingly relies on the transmission and reception of vast amounts of data using serial connections featuring ever-increasing bit rates. In imaging systems, for example, the frame rate achievable is often limited by the serial link between camera and host even when modern serial buses with the highest bit rates are used. This thesis documents a scalable embedded transceiver system with a bandwidth and interface standard that can be adapted to suit a particular application. This new approach for a real-time scalable embedded transceiver system is referred to as a Novel Reference Model (NRM), which connects two or more applications through a transceiver network in order to provide real-time data to a host system. Different transceiver interfaces for which the NRM model has been tested include: LVDS, GIGE, PMA-direct, Rapid-IO and XAUI, one support a specific range for transceiver speed that suites a special type for transceiver physical medium. The scalable serial link approach has been extended with loss-less data compression with the aim of further increasing dataflow at a given bit rate. Two lossless compression methods were implemented, based on Huffman coding and a novel method called Reduced Lossless Compression Method (RLCM). Both methods are integrated into the scalable transceivers providing a comprehensive solution for optimal data transmission over a variety of different interfaces. The NRM is implemented on a field programmable gate array (FPGA) using a system architecture that consists of three layers: application, transport and physical. A Terasic DE4 board was used as the main platform for implementing and testing the embedded system, while Quartus-II software and tools were used to design and debug the embedded hardware systems.