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Inphi Completes Acquisition of eSilicon
Further Solidifies Inphi’s Market Leadership and Scale in High-Performance Electro-Optics
SANTA CLARA, Calif., Jan. 13, 2020 -- Inphi Corporation (NYSE: IPHI), a leader in high-speed data movement interconnects, today announced that it has completed the acquisition of eSilicon, as announced on November 11, 2019, in a transaction valued at approximately $216 million in both cash and the assumption of debt.
“We are pleased to complete the acquisition of eSilicon,” said Ford Tamer, President and CEO of Inphi Corporation. “We welcome eSilicon to the Inphi family and are excited to advance our shared commitments in driving successful customer engagement, industry-leading innovation, and best of class execution.”
Inphi believes this acquisition will further reinforce its premier positioning in data center interconnects, expand its presence into strategic geographic regions for talent acquisition and accelerate its strategic roadmap in developing electro-optics solutions for our Cloud and telecom customers.
About Inphi
Inphi Corporation is a leader in high-speed data movement interconnects. We move big data fast, throughout the globe, between data centers, and inside data centers. Inphi's expertise in signal integrity results in reliable data delivery, at high speeds, over a variety of distances. As data volumes ramp exponentially due to video streaming, social media, cloud-based services, and wireless infrastructure, the need for speed has never been greater. That's where we come in. Customers rely on Inphi's solutions to develop and build out the Service Provider and Cloud infrastructures, and data centers of tomorrow. To learn more about Inphi, visit www.inphi.com.
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