NetLogic acquires Network Search Engine assets from Cypress
30-08-07
NetLogic Microsystems has acquired certain assets associated with Cypress's network search engine products targeting the desktop switching market. Upon closing, NetLogic Microsystems paid Cypress $12.0 million in cash plus the cost of inventory. The desktop switching search engines from Cypress will complement NetLogic Microsystems' position in knowledge-based processing, and will strengthen the company's existing relationship with the OEM customer.