Cypress Acquires Cascade

SAN JOSE, Calif., Dec. 30 --Cypress Semiconductor Corp. announced today it has closed its agreement to acquire Cascade Semiconductor Corp., a company specializing in one-transistor (1T) pseudo-SRAM (PSRAM) products for wireless applications, including cell phones. Cascade is currently shipping PSRAM products in volume.

Cypress said the acquisition will enhance its product development capabilities for the mobile phone segment and help broaden its memory portfolio.

Cypress develops solutions for personal, network access, enterprise, metro switch and core communications-system applications, using wireless, wireline, digital and optical transmission standards, including USB, Fibre Channel, SONET/SDH, Gigabit Ethernet and dense wavelength division multiplexing.

For more information, visit: www.cypress.com