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Date: 22nd Mar 2011
NetLogic to acquire Optichron
NetLogic Microsystems Inc. has signed a definitive agreement
to acquire Optichron, Inc., a privately-held, fabless semiconductor
provider of 3G/4G LTE base station digital front-end (DFE)
processors, located in Fremont, Calif.
Optichron's digital pre-distortion (DPD) processor family
for 2G, 3G, 4G and Multi-Protocol Deployment are known for
efficiency and wide bandwidth. The OP6180 is highlighted
product of Optichron. Optichron's processors are suggested
as better alternates for FPGAs in wireless base stations.
"Our combination with Optichron further solidifies
our commitment to, and our increasing R&D investments
in, the communications infrastructure market. DFE processors
are an increasingly critical element of next-generation
3G/4G LTE common-platform base stations, and the combination
of NetLogic Microsystems and Optichron further strengthens
our technical leadership in this very exciting market,"
said Ron Jankov, president and chief executive officer at
NetLogic Microsystems. "We are very excited to welcome
the Optichron team to the NetLogic Microsystems family.
Optichron's culture of strong engineering excellence having
developed the industry's most innovative, highly differentiated
products creates a natural alignment with our organization."
"As a clear technology and market leader in DFE processing,
Optichron shares strong customer synergies in the 3G/4G
mobile infrastructure with NetLogic Microsystems, and the
combined company will have one of the most compelling and
comprehensive product portfolios for next-generation base
stations," said Roy Batruni, co-founder and CTO of
Optichron. "We are very pleased to join forces with
NetLogic Microsystems and we believe as part of NetLogic
Microsystems, we will be able to accelerate our innovation,
technology leadership and product roadmaps."
In connection with the acquisition, NetLogic Microsystems
will pay the Optichron stockholders initial cash consideration
of approximately $77 million upon the closing of the transaction.
NetLogic Microsystems will assume approximately $22 million
of restricted stock units for employees of Optichron who
join NetLogic Microsystems following the close of the acquisition.
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