OxSemi snapped up

“Through this acquisition, PLX will have a leadership position in two of the fastest growing interconnect chip markets – PCI Express based systems and external-storage,” said Ralph Schmitt, pictured, PLX’ president and ceo. “Major synergies include common interconnect technologies and design flows, sales, marketing and support systems, and supply chains. Most importantly, PLX can create innovative products that combine the considerable intellectual property and industry knowledge of Oxford and PLX. The two companies share a customer focused business philosophy that includes delivering the highest quality products and services, and a culture that rewards innovation and results.” Whilst OxSemi’s corporate headquarters have moved to California, most of its employees remain in its Abingdon office, where it develops SoCs for direct attached and network attached storage. Bill Schroeder, OxSemi’s ceo, noted: “Joining forces with PLX gives greater scale … and the ability to access and support a wider customer base for our storage business, while creating a stronger company for our system interconnect business.”