Does RedMere + Fresco = Spectra7?

Junko Yoshida, EETimes
7/18/2012 8:23 AM EDT

NEW YORK – By marrying two startups – each solid but neither quite ready for its IPO honeymoon – to form “a new superset company,” Tony Stelliga believes he can ensure that the bride and groom, RedMere (Cork, Ireland) and Toronto-based Fresco Microchip will live happily ever after.

Stelliga is the incoming president and CEO of Spectra7 Microsystems, the eventual “superset company.” Its business is focused on designing a system-level solution for fast-frequency agile interconnects. He likes to describe the deal as “one plus one is three.”
 
Does the math add up? Is the Honeymoon Suite a little too crowded?