Ralink Technology, a leading supplier of WiFi silicon solutions, has agreed to acquire TrendChip Technologies Corporation, a leading supplier of DSL chipsets. Both companies are listed on the listed on Taiwan’s TAIEX exchange.
Each 0.8209 share of TrendChip will be exchanged for 1 share of Ralink. With a combined stock valuation of approximately NT$20 billion, and combined 2009 revenues of over NT$7.3 billion, the new Ralink Technology Corporation is estimated to be among the world’s “Top 30” fabless semiconductor companies.
Ralink, founded in 2001, is headquartered in Hsinchu, Taiwan, and operates an advanced development center in Cupertino, California. Ralink’s 802.11n solutions are shipping with customers in the Americas, Europe, and Asia, and are embedded in hundreds of products across all major Wi-Fi market segments including personal computers, broadband gateways, digital televisions, Blu-Ray players, web cameras, and IPTV set-top-boxes.
TrendChip, also founded in 2001, is headquartered in Hsinchu, Taiwan, and maintains development centers in Suzhou and Nanjing China. TrendChip posted a 90% growth in 2009. It’s xDSL solutions have been deployed by 50 carriers in 45 countries across Europe, Asia, and the Americas.
“By combining Ralink and TrendChip into a single company, Ralink Technology Corporation will be positioned to drive the growth of high-performance yet cost-effective “triple play” voice, video, and data services throughout the Networked Digital Home,” said Chris Kao, Chairman of Ralink Technology. “Broadband Gateways will incorporate our DSL and Wi-Fi chipsets, and they will deliver wireless content throughout the home to personal computers, televisions, phones, and other consumer electronics devices. With our combined forces and technologies, we anticipate accelerated growth in both existing and adjacent market segments over the coming years.”http://www.ralinktech.com/
