Analog acquires cellular IP
Analog Devices has completed the acquisition of certain intellectual property assets from TTPCom.
Analog Devices has completed the acquisition of certain intellectual property assets from TTPCom.
Under the terms of the agreement, TTPCom transferred to Analog Devices intellectual property, engineering resources and related assets associated with the support and customisation of TTPCom's GSM/GPRS/Edge modem software for use on Analog Devices' existing and future generations of SoftFone baseband processors.
The agreement also provides to Analog Devices development rights for Ajar, TTPCom's advanced applications platform.
As a result of this transaction, Analog Devices becomes the single point of contact for both hardware and software support for its new and existing wireless handset customers, thus improving Analog Devices' abilities to service individual customer's needs.
The IP transfer is valued at approximately $23 million.
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