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Mergers & acquisitions

Intel Scoops Up Chips

SANTA CLARA, Calif. -- Intel Corporation today announced it has agreed to acquire three companies with key capabilities and technologies for producing opto-electronic components - electrical components used in optical networking equipment. The acquisitions will extend Intel's product portfolio to include a new breed of opto-electronic components that lower the cost and power consumption of optical networking equipment.

Intel has acquired Cognet Inc. and nSerial Corporation, two developers of high-speed electronic components for 10 Gigabit Ethernet optical modules. Cognet has developed components that process electrical signals within optical modules after those signals have been converted from light waves. nSerial is developing 10 Gigabit Ethernet components that convert those electrical signals into the protocols used by networking devices. Both companies are developing chipsets using a complementary metal oxide semiconductor (CMOS) manufacturing process that helps reduce the chipsets' cost and power consumption associated with more exotic manufacturing processes currently in use.

Intel has also agreed to acquire LightLogic Inc., a leading provider of highly integrated, high-speed optical transponders targeted at the rapidly growing metropolitan market segment. These transponders integrate high-speed optics and electronic components into a single device that converts optical signals into fully formatted digital signals helping to reduce development time for optical networking equipment manufacturers.

"The optical networking equipment industry is now segmenting in a way that requires unique solutions for different market segments," said Mike Ricci, vice president and general manager of Intel's Optical Products Group. "Our communications equipment customers are asking us to integrate high-speed electronic and photonic components into cost effective building blocks that help them reduce time-to-market."

Intel Corp.
metroshark 12/4/2012 | 8:31:21 PM
re: Intel Scoops Up Chips Intel press release did not disclose how much they paid for these three companies. Any ideas?
ownstock 12/4/2012 | 8:19:12 PM
re: Intel Scoops Up Chips $420 Million in INTC stock...
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