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Product category: Communications ICs (Wired)
News Release from: Tundra Semiconductor
Edited by the Electronicstalk Editorial Team on 07 June 2006

Acquisition extends system interconnect
expertise

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Tundra Semiconductor has acquired Silicon Logic Engineering of Eau Claire, Wisconsin for US $14 million.

Tundra Semiconductor has acquired Silicon Logic Engineering (SLE) of Eau Claire, Wisconsin for US $14 million SLE is a leader in developing high-performance communications and computer chip products for some of the world's largest networking and computing customers

The addition of SLE's highly advanced resources, expertise and intellectual property (IP) will strengthen Tundra's leadership in system interconnect for the communications and computing markets.

Under the terms of the agreement, the purchase price of $14 million comprises $10 million in cash and $4.0 million (approximately 259,000) com