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Article: Intellon Acquires Cogency Semiconductor Engineering Team and Intellectual Property; Combination Consolidates Worldwide Expertise in High-Speed Powerline Networking.
- Article from:
- PR Newswire
- Article date:
- March 29, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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OCALA, Fla., March 29 /PRNewswire/ -- Intellon Corporation, the world leader in integrated circuits for high-speed powerline networking, today announced it has acquired the engineering team and intellectual property of Toronto-based Cogency Semiconductor Inc., a competing developer of powerline integrated circuits. The transaction demonstrates Intellon's commitment to maintain its global leadership in the growing powerline networking industry by providing its customers with the most advanced powerline networking capabilities possible.
As a result of the transaction, 18 Cogency employees, mostly engineers, will be joining a new Intellon office in Toronto. ...