PMC–Sierra buys Wintegra in $213m deal
In a $213million deal which increases its presence in the IP/Ethernet packet based mobile backhaul market, PMC-Sierra has signed a definitive agreement to acquire Wintegra, whose network processors are used in mobile backhaul equipment.
"Carriers are moving rapidly to IP based mobile backhaul and Wintegra's product offering is uniquely positioned to enable this packet transition and breakthrough the bandwidth bottlenecks faced in mobile networks," said Greg Lang, president and ceo of PMC-Sierra.
Wintegra's WinPath family of network processors is used in 3G/4G basestations, fibre and microwave cell site routers, as well as radio network controllers. These single chip solutions enable carriers to increase throughput on their mobile backhaul networks.
"We've already been partnering with PMC-Sierra to create mobile backhaul solutions that combine WinPath processors and networking software with PMC-Sierra's portfolio of framers and mappers," said Kobi Ben-Zvi, pictured, founder and ceo of Wintegra. "Given the strong strategic fit between the two companies, joining forces will allow us to further accelerate the industry's transition to IP based networks."
