The 10 Biggest Semiconductor Acquisitions Of 2016
Submitted by Lindsey O'Donnell on
Cisco – Leaba Semiconductor
Cisco Systems in March unveiled its plan to purchase networking chip designer Leaba Semiconductor for $320 million in cash and incentives.
Leaba is a fabless semiconductor company that provides innovative solutions for infrastructure challenges, according to their website. Leaba, a venture-backed company, will accelerate its innovation strategy and give products even more differentiation in the market, said Rob Salvango, Cisco's vice president of corporate business development, in a blog post.
"By combining Leaba's semiconductor expertise with the Cisco engineering team, we will accelerate our plans for Cisco's next-generation product portfolio and bring new capabilities to the market faster," Salvango wrote.