Monday, April 15, 2013

AppliedMicro Sells TPACK Subsidiary to Altera

Altera agreed to acquire AppliedMicro's TPACK A/S aubsidiary for an undisclosed sum.  TPACK, which is based in Copenhagen Denmark, develops FPGA-based OTN (optical transport network) products targeting packet and optical networking equipment suppliers. AppliedMicro will retain license rights to TPACK technology following the divestiture.

Altera and AppliedMicro will also undertake joint development and marketing of optimized solutions for data centers. The strategic cooperation initiative will enable the two companies to combine advanced Altera FPGAs with silicon solutions from AppliedMicro, including the company's full line of connectivity and ARM 64-bit X-Gene Server on a Chip products.

"This agreement underscores our continued focus on enabling integrated, purpose-built solutions for our data center OTN customers," said George Jones, vice president, co-GM, Connectivity Products of AppliedMicro. "Combining Altera's advanced FPGA technology with our X-Gene Server on a Chip, Gearbox, PQX and QPSK products will provide our customers with highly optimized, cost-effective designs for next-generation data center infrastructure."