Organization: Advanced Micro Devices Inc

Zarlink acquires Austin-based Legerity

Zarlink Semiconductor Inc has entered into an agreement to purchase privately held Legerity Holdings Inc, Austin TX, a developer of voice integrated circuits (ICs) for the carrier, enterprise and residential equipment gateway markets. The US$134.5-million acquisition will be financed through cash reserves and a bridge facility of up to $50 million. The acquisition of Legerity…