Technology News

TranSwitch Acquires ASIC Design Center

Thursday, December 07, 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.

Email Page  Email Page | Print Page Print Page

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.
Venturedeal Twitter Venturedeal Facebook Venturedeal Linkedin

PCI - Level1