Wednesday, November 22, 2006 7:30:00 AM PDT | VentureDeal Staff
CA -- LSI Logic has announced the acquisition of Pune,
India-based Metta Technology,
Inc. for approximately $7 million in cash.
The company develops multimedia system-on-chip technology and software for
consumer electronics products. LSI purchased the company to increase
their focus on next generation digital video and entertainment products in the
Under the terms of the agreement, LSI will retain the entire 60-person
workforce and has acquired the entire stock of the company. The
transaction is not expected to have a material impact on LSI operations.
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