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Lattice to acquire Cerdelinx

Posted: 18 Jul 2002 ?? ?Print Version ?Bookmark and Share

Keywords:Cerdelinx Technologies? fabless semiconductor? CMOS transceivers? backplane interface? SERDES I/O?

Lattice Semiconductor Corp. has entered into an agreement to acquire privately-held Cerdelinx Technologies Inc. Under terms of the agreement, Lattice will acquire Cerdelinx in a stock-for-stock transaction worth about $23 million with a portion of the amount to be expensed as in-process R&D in the current quarter.

Cerdelinx is an early-stage fabless semiconductor company focused on the design of application-specific standard products targeted at emerging high-speed communications and storage applications. The company is currently developing a portfolio of low-power CMOS transceivers and backplane interfaces with embedded high-speed serdes I/O to support 10Gbps applications.

The acquisition is expected to enhance Lattice's silicon development efforts and its ability to deliver programmable solutions within the OC-192, networking and storage market segments.

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