The transaction will include the transfer of approximately 150 research and development (R&D) staff. The transaction has been unanimously approved by the boards of directors of both companies and is expected to close in August 2017.
"This transaction will be a tremendous addition to our technical capabilities as well as to our IP, advanced SERDES and product portfolios," said Dasaradha Gude. "We are fully committed to continue investing in the Lattice team’s strong track record of helping to establish industry standards and new technologies, and driving them to market."
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