Sunnyvale-Based MoSys Acquires MagnaLynx for $5 Million

Sunnyvale, Calif. -- MoSys, the Sunnyvale-based developer of semiconductor technology, said on Friday that it has acquired Iowa-based MagnaLynx, a developer of high-speed serial interface technology, for about $5 million. The purchase price includes a milestone payment in 2011. MoSys said that the acquisition adds to its portfolio of high-speed "SerDes" interfaces, as well as communications technology. "In addition to expanding our overall SerDes engineering team, MagnaLynx brings us unique expertise and technology in low-power techniques for high-speed SerDes and considerable experience in enabling serial chip-to-chip communications," said Len Perham, MoSys's president and CEO.
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