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Product category: Communications ICs (Wired)
News Release from: Cypress Semiconductor
Edited by the Electronicstalk Editorial Team on 06 August 2001

Cypress completes Lara acquisition

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Cypress Semiconductor has completed its acquisition of Lara Networks.

Cypress Semiconductor has completed its acquisition of Lara Networks Lara is an industry leader in high-performance, silicon-based packet-processing solutions for WAN infrastructure equipment

Lara's solutions target switches, routers and multiservice gateways handling multiple high-speed protocols up to OC-768 and including 10Gbit Ethernet.

Wire-speed packet processing is a key requirement of high-performance, next-generation networking systems.

Lara's family of network search engines (NSEs) and network coprocessors is used widely by leading networking OEMs.

"Lara's NSEs and coprocessors are highly complementary to Cypress products targeted at infrastructure equipment that moves voice, data and multimedia across high-performance broadband networks such as the Internet", said TJ Rodgers, Cypress president and CEO.

"Cypress historically has been a strong player at the port and backplane 'edges' of networking linecards - subsystems of switches and routers that receive information from networks and direct it to individual users, subsystems or other networks", Rodgers said.

"Lara's products will enable us to address the core functionality of network processors, the 'brains' of a networking subsystem".

"Lara's NSEs and coprocessors are synergistic with Cypress's current offerings for the networking market and will expand Cypress's portfolio of solutions across the linecard", said Kamal Gunsagar, Lara's CEO.

"From Lara's perspective, we will be able to leverage the strength of Cypress's global sales and marketing organisations to attract new customers and secure new design opportunities".

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