Trillium will join Intel's Network Processing Group, and its software will become an integral part of Intel's Internet Exchange architecture

August 1, 2000

1 Min Read

SANTA CLARA, Calif. -- Intel Corporation today announced it has entered into a definitive agreement to acquire privately held Trillium Digital Systems Inc. in a transaction valued at approximately $300 million in cash and unregistered Intel common stock. This acquisition will complement Intel's world-class communication silicon business with the communications software products, support and services necessary to accelerate Intel's ability to offer its networking and telecommunications customers a more complete platform-level solution.

"Networking and telecommunication OEMs are recognizing the value of more complete solutions from their suppliers. In addition to off-the-shelf silicon, customers are looking for off-the-shelf software components that enable them to reduce development time and focus their internal resources on differentiating their products." said Tom Franz, Intel vice president and general manager, Network Processing Group. "We expect Trillium, as an Intel subsidiary, to continue developing and supporting portable software solutions for the communications industry, while adding a new line of solutions that are optimized for the Intel® Internet Exchange™ architecture."

http://www.intel.com/pressroom/archive/releases/cn080100.htm?iid=update+000801b&

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