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Product category: Communications ICs (Wired)
News Release from: IDT
Edited by the Electronicstalk Editorial Team on 28 July 2006

IDT acquires product lines from Sigmatel

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Leading quality audio technology to be added to the IDT portfolio of computing products

IDT (Integrated Device Technology), a vital semiconductor solutions supplier, announces that it has reached agreement with SigmaTel to purchase the SigmaTel AC-97 and High Definition Audio (HD-Audio) PC and Notebook audio codec product lines Based on the terms of the transaction, IDT will acquire both product lines and related software for a one-time fee of $72 million in cash