Sunday, September 19, 2010

Ceragon Acquires Elxys Innovations for RF Designs

Ceragon Networks has acquired Elxys Innovations, a designer of radio-frequency integrated circuits (RFIC).

Elxys, which has been Ceragon's design partner for a number of years, specializes in analog, RF, millimeter-wave and mixed signal integrated circuit design spanning from baseband up to 77 GHz. Total consideration was $1.6 million plus 200,000 restricted share units to Elxys founders who are now Ceragon employees. The company is based in Athens, Greece.

Ceragon said the acquisition allows it to further optimize its core radio technology, for superior radio performance, higher capacities, reduced power consumption and better overall cost.

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