English
RAD3 Communications, Inc. Announces Intent to be Acquired by PMC-Sierra
Calgary, Alberta, October 25, 2011 – RAD3 Communications Inc. (RAD3), a Calgary-based communications intellectual property (IP) company, today announced that it has signed a definitive agreement to be acquired by PMC-Sierra, the semiconductor innovator transforming storage, optical and mobile networks. The team will continue to operate out of its Calgary office.
“We’re excited for our Calgary-based team to be joining an international company of PMC’s caliber,” Roger Bertschmann, president of RAD3. “PMC’s integration and silicon expertise, combined with our leading-edge capability in the design and delivery of communications and storage IP, will enable us to drive industry-changing technologies that transform the network.”
“RAD3’s technologies and highly experienced team are a good fit with PMC,” said Brian Gerson, PMC fellow and vice president of Research and Development. “RAD3’s Forward Error Correction (FEC) and Digital Signal Processing (DSP) technologies will enhance PMC’s ability to offer innovative, high-performance solutions for storage, optical and mobile networks.”
The acquisition is expected to close in November 2011, subject to customary closing conditions.
About RAD3 Communications
RAD3 is a leading supplier of communications intellectual property (IP) for new and emerging wired and wireless communication standards. RAD3’s extensive library of IP solutions enables communication companies to rapidly design and build their products using a suite of industry proven IP. For more information, please visit RAD3’s web site: www.rad3comm.com.
About PMC
PMC (Nasdaq:PMCS) is the semiconductor innovator transforming networks that connect, move and store digital content. Building on a track record of technology leadership, we are driving innovation across storage, optical and mobile networks. Our highly integrated solutions increase performance and enable next-generation services to accelerate the network transformation. For more information, visit www.pmc-sierra.com.
|
||||||
Related News
- Acquisition of RAD3 Communications, Inc. by PMC-Sierra Completed
- Microsemi Corporation Completes Acquisition of PMC-Sierra, Inc.
- Microsemi Corporation Provides Acquisition and Business Updates; Announces the Expiration of the HSR Waiting Period
- Microsemi Corporation Commences Exchange Offer to Acquire PMC-Sierra, Inc.
- Microsemi Corporation Enters Definitive Agreement to Acquire PMC-Sierra, Inc.
Breaking News
- Intel and AWS Expand Strategic Collaboration, Helping Advance U.S.-Based Chip Manufacturing
- Joachim Kunkel Joins Arteris Board of Directors
- Arm Accelerates AI From Cloud to Edge With New PyTorch and ExecuTorch Integrations to Deliver Immediate Performance Improvements for Developers
- Expedera Appoints Siyad Ma as New CEO to Drive Expansion, Innovation
- Omni Design Technologies Partners with Aura Intelligent Systems on Next Generation Radar
Most Popular
- Enosemi and GlobalFoundries announce the availability of silicon-validated electronic-photonic design IP available in the GF Fotonix platform
- Imagination Announces Highest Performance Automotive GPU IP with FuSa Advancement
- Omni Design Technologies Partners with Aura Intelligent Systems on Next Generation Radar
- Arm Accelerates AI From Cloud to Edge With New PyTorch and ExecuTorch Integrations to Deliver Immediate Performance Improvements for Developers
- Arm Announces Appointment of Young Sohn to its Board of Directors
|
E-mail This Article | 
|
|
Printer-Friendly Page |