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General

Inphi buys ClariPhy for USD 275 mln

Wednesday 2 November 2016 | 08:59 CET | News
Inphi has acquired ClariPhy, a provider of ultra-high-speed systems-on-chip (SoCs) for multi-terabit data, long haul and metro networking markets, for USD 275 million in cash. Under the terms of the deal, Inphi will assume some liabilities at the close and take in all of ClariPhy's employees. Nariman Yousefi, ClariPhy's current CEO, will also join Inphi to run the Coherent DSP business unit. ClariPhy VP of Engineering and DSP architect Oscar Agazzi will join Inphi's design team. The transaction is expected to close in December.

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Categories: General
Companies: Inphi
Countries: World
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