Electronics Production |
ADI acquires unit from TTPCom
Analog Devices acquires UK based TTPCom's GSM/GPRS mobile phone modem software business for 23 million US Dollars.
This deal gives Analog Devices the right to sub-license TTPCom software, allowing Analog Devices to sell a complete software and silicon package. 45 employees based in Cambridge, England will transfer from TTPCom to Analog Devices. The deal leaves around 600 staff at TTPCom.
