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Virage acquires Impinj's NVM IP Business 01-07-08

Virage Logic has acquired Impinj’s logic non-volatile memory (NVM) intellectual property (IP) business for an aggregate purchase price of $5.2 million. Founded in 1996, Virage Logic is providing advanced embedded memory intellectual property (IP) for the design of complex integrated circuits. Impinj provides UHF Gen 2 radio frequency identification (RFID) solutions. Virage has acquired Impinj’s solutions for logic NVM IP and added more than 50 Impinj patents to its IP portfolio. In addition to the acquisition of assets, Virage has hired approximately 30 former Impinj employees who were responsible for the company’s logic NVM IP business.

 
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