Organization: Zarlink Semiconductor 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…

TPC invests in major chip R&D project at Zarlink

Technology Partnerships Canada (TPC) has invested $7.1 million in Ottawa’s Zarlink Semiconductor Inc as part of a $29.8-million R&D project to develop next-generation semiconductor chips. The new chips will facilitate the transition from circuit-switched networks to packet-switched networks based on Internet Protocol (IP). They will allow network operators to continue using old equipment as they…