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Vitesse acquires Multilink Technology

Posted: 11 Jun 2003 ?? ?Print Version ?Bookmark and Share

Keywords:vitesse semiconductor? multilink technology? mixed-signal ic? vlsi optical networking system? ethernet?

Vitesse Semiconductor Corp., a manufacturer of silicon solutions and optical devices used in the networking, communications, and storage industries, has entered into a definitive agreement to acquire all of the outstanding equity interests of Multilink Technology Corp. for about 4.2 million shares of Vitesse common stock.

Multilink designs, develops, and markets advanced mixed-signal ICs and VLSI products that enable optical networking systems. Multilink's products encompass markets from Ethernet and Storage Access to Long Haul optical transport equipment.

"The acquisition of Multilink brings not only an experienced team of system, mixed-signal, and digital design engineers that have successfully developed products for OC-192 transport, Forward Error Correction, 10 Gigabit Ethernet, and high-speed backplanes, but also a family of products already in production, which would cost Vitesse more than the purchase price to reproduce," said Lou Tomasetta, president and CEO of Vitesse.

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