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AMCC Acquires Quake for $69M

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SUNNYVALE, Calif., Aug. 4, 2006 -- Network technology provider Applied Micro Circuits Corp. (AMCC) announced yesterday that it will acquire Quake Technologies Inc., a privately-held fabless semiconductor company that makes 10 Gigabit Ethernet physical layer (PHY) technology, for $69 million in cash. Quake was founded in 2000 and employs approximately 50 people, the majority of whom are based in Ottawa, Canada. Quake's President and CEO Daniel Trepanier will remain at the helm under AMCC President and CEO Kambiz Hooshmand. AMCC said the acquisition allows the company to enter into the enterprise networks and data center...Read full article

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    Published: August 2006
    10 Gigabit EthernetacquisitionsAMCCApplied Micro CircuitsCommunicationsfablessNews & FeaturesPHYquakeQuake Technologiessemiconductorstransaction

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