NetLogic Acquires RMI
Mountain View-based NetLogic Microsystems and Cupertino-based RMI Corporation announced Monday that the two firms are in a definitive agreement to merge. NetLogic, which develops microprocessors and other high speed integrated circuits, said it would pay around $183.4M in cash and stock for RMI, which makes multi-core, multi-threaded processors used for wireless systems, switches and routers, and other products. RMI was venture backed by Warburg Pincus, Benchmark Capital, Advanced Equities, Kodiak Venture Partners, and DAG Ventures.
posted on Monday, June 1, 2009
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