PMC-Sierra has signed a definitive agreement to acquire Wintegra, a provider of highly-integrated network processors optimized for mobile backhaul equipment.
This acquisition fits with PMC-Sierra’s overall efforts to accelerate the transition of existing communications equipment to converged, packet-centric solutions.
Wintegra extends PMC-Sierra’s offerings into IP-based mobile backhaul solutions required by carriers as they upgrade their infrastructure to capture growing 3G/4G wireless data service revenues.
Under the terms of the deal, PMC-Sierra will pay Wintegra a net purchase price of $213 million.