Cypress completes HiBand acquisition

Edited by the Electronicstalk editorial team Apr 24, 2001

Cypress Semiconductor has satisfied closing conditions for the acquisition of HiBand Semiconductors.

Cypress Semiconductor has satisfied closing conditions for the acquisition of HiBand Semiconductors.

The acquisition, which will be accounted for on a purchase basis, is designed to broaden Cypress's portfolio of high-performance physical layer devices for networking applications.

HiBand is a provider of mixed-signal integrated circuits for high-speed communications markets, such as SONET, Ethernet, Fibre Channel, and InfiniBand.

The company is currently in the final stages of the development of a 10Gbit/s physical layer device for Ethernet applications.

The acquisition will augment existing Cypress's capabilities in the areas of high-speed physical-layer communications devices and optical communications technology.

"HiBand intellectual property will serve as a building block in future generations of high-performance Cypress communications devices", said Christopher Norris, vice president of Cypress's data communications division.

"As designers seek to build systems that move data at 10Gbit/s transmission rates and beyond, they need to transition from electrical to optical technology.

HiBand will add to our experience base in key areas, enabling us to accelerate that transition".