Inphi Corporation, which supplies high-speed, mixed signal semiconductor solutions for the communications, data center and computing markets, agreed to acquire Cortina Systems’ High-Speed Interconnect and Optical Transport product lines for $52.5 million in cash and $73.5 million in stock. The acquisition does not include Cortina’s Access and Digital Home business, which is currently scheduled to be divested prior to the acquisition close and will continue as an independent company.
Inphi said the acquisition will solidify its position as a leading-edge supplier of optical and networking interconnect solutions while further extending its product portfolio for the fast growing enterprise and cloud data center markets. Inphi’s Networking Interconnect products with their leadership in 100G SerDes and CDR, will be complemented with 10G/15G/40G PHY interconnects, thus completing a high growth product portfolio and creating a market leader for high speed networking interconnects.
