AMCC Completes Acquisition of Quake Technologies
Sunnyvale-based AMCC said this afternoon that it has completed its acquisition of Quake Technologies, a provider of 10 Gigabit Ethernet PHY technology. AMCC acquired all of the outstanding shares of quake for $69M in cash. AMCC said that as part of its acquisition, it would consolidate its design groups in Ottawa into a single facility. Quake is based in Kanata, Ontario. Quake is backed by Mohr, Davidow Ventures, Bowman Capital, Cisco Systems, Emerging Alliance Fund, and Mitsubishi Corp.
posted on Friday, August 25, 2006 (Link to more information)
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