Site icon Converge Digest

AMCC to Acquire Quake for 10 GigE PHYs

Applied Micro Circuits Corp. (AMCC) agreed to acquire Quake Technologies, a developer of 10 Gigabit Ethernet PHY technology, for approximately $69 million in cash (net of the estimated cash and receivables that AMCC expects to assume in the deal).

Quake’s silicon is designed in and shipping to the leading vendors of enterprise networking gear.

Quake Technologies was founded in 2000 and is based in Ottawa, Canada.

“Quake is the worldwide leading provider of 10GE PHY silicon. They have captured significant designs with the leading vendors in the Enterprise and Data Center markets,” said Kambiz Hooshmand, president and CEO of AMCC. “This acquisition allows AMCC to obtain an early entrance and strong presence into this rapidly expanding, high volume market.”http://www.amcc.comhttp://www.quaketech.com

Exit mobile version