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.
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