 Applied Micro Circuits Corp. (AMCC), Sunnyvale CA, has signed a definitive agreement to acquire Quake Technologies Inc., Ottawa, a privately-held fabless semiconductor company that AMCC says is the leading vendor of 10 Gigabit Ethernet (10GE) PHY technology. According to AMCC, enterprise networks, including the data center, are experiencing a rapid transition from 1GE to 10GE, and Quake’s technology is designed in and shipping to the leading vendors serving this high-performance networking space.
“Quake is the worldwide leading provider of 10GE PHY silicon,” Kambiz Hooshmand, president and CEO of AMCC, says. “They have captured significant designs with the leading vendors in the enterprise and data center markets.”
“This acquisition allows AMCC to obtain an early entrance and strong presence into this rapidly expanding, high volume market,” he adds.
“AMCC’s expertise in packet processing complements Quake’s leading 10GE PHY technology,” Daniel Trepanier, president and CEO of Quake, says. “Integrating with AMCC will enable us to offer a unique and wide range of differentiated, value-added system-level solutions in the Enterprise market.”
AMCC will acquire all outstanding shares of Quake for US$69-million in cash. Quake was founded in 2000, employs 50, mostly in Ottawa. Trepanier will report directly to Hooshmand.
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