Inphi Corp. (IPHI) to Acquire ClariPhy Communications in $275M Deal
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Inphi to Acquire ClariPhy Communications, Inc., A Leading Provider of Coherent DSP
November 1, 2016 4:07 PM EDTSANTA CLARA, CA -- (Marketwired) -- 11/01/16 -- Inphi Corporation (NYSE: IPHI), a leading provider of high-speed data movement interconnects, today announced that it has signed a definitive agreement to acquire ClariPhy Communications Inc., a leading provider of ultra-high-speed systems-on-chip (SoCs) for multi-terabit data, long haul and metro networking markets for $275 million in cash as well as the assumption of certain liabilities at the close. The acquisition is expected to close in December of 2016, at which time ClariPhy's employees are expected to join Inphi.
"With the acquisition of ClariPhy, we are completing our product... More
