Thursday, December 7, 2006 6:00:00 AM PDT | VentureDeal Staff
SHELTON, CT -- TranSwitch Corp. announced the acquisition of the ASIC Design Center division of Data JCE Ltd, an Israeli electronic components distribution company. The design center develops customer-specific semiconductor products primarily for Israeli OEMs and fables semiconductor companies, or Israeli divisions of US and European companies. TranSwitch will pay $1 million in cash, $5.7 million in common stock and potential future cash or stock earnouts based on performance.
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