Cypress Semiconductor Acquires Silicon Packets

January 20, 2002 by Jeff Shepard

Cypress Semiconductor Corp. (San Jose, CA) announced it has acquired Silicon Packets Inc. (San Jose, CA), extending its product portfolio for OC-192/STM-64 SONET/SDH and 10G Ethernet applications. Financial details were not disclosed.

"This acquisition brings a roadmap-critical 10G product to Cypress with specific, compelling technical advantages, and it enhances our focus on metropolitan area networks, a segment of the communications market that shows the highest growth potential," said T.J. Rodgers, Cypress president and CEO. "Targeting metro-focused 10G Ethernet and OC-192/STM-64 SONET/SDH designs will enhance Cypress’s ability to get a quick start out of the blocks in its core communications markets."