EZchip buys Tilera in $130million cash deal
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Network processor specialist EZchip Semiconductor has bought Tilera in a cash deal which values it at $130million. The move is described by EZchip as significant and has the potential to leapfrog it into what it sees as a fast growing market for multicore CPUs.
"Tilera's multicore CPUs address a wide range of data centre systems in which both data- and control planes run on the multicore CPU," said Eli Fruchter, EZchip's CEO. "The combination of [our] market proven leading technologies ... will enable us to develop new multicore CPUs that integrate powerful networking capabilities with the highest number of processor cores addressing a wide range of applications and market segments."
Devesh Garg, Tilera's CEO, will serve as EZchip's president in charge of all US operations. He said: "Our combined technologies, product portfolio and market leadership are expected to deliver one of the highest throughput, lowest power, scalable processing solutions to large growth markets."
In particular, the combination of Tilera's multicore technology with EZchip's network processing expertise on one chip is said to hold the potential to create a processor that addresses the various multicore CPU market segments with a highly differentiated solution.
