PLX to Acquire Teranetics for 10GBASE-T Silicon

PLX Technology, a supplier of I/O interconnect silicon, agreed to acquire Teranetics, a start-up focused on 10GBASE-T silicon, for 7.4 million shares of PLX valued at approximately $27.6 million, cash of approximately $1.0 million and two promissory notes aggregating approximately $6.9 million. Full Story

Toronto, Canada

#1 Nov 18, 2010

Related Topix: Startups, Semiconductors, PLX Technology, PLX Technology, Electronics, Sunnyvale, CA

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