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Article: Cisco finally buys PowerDsine chip: PowerDsine was in late 2006 by Microsemi for $245 million.
- Article from:
- Globes
- Article date:
- February 26, 2007
CopyrightCOPYRIGHT 2007 Globes. 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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Byline: Shiri Habib
Feb. 26--One of the questions that PowerDsine CEO Igal Rotem was asked the most was "will Cisco Systems Inc. (Nasdaq: CSCO) will become your customer?" His answer was always that it was not "a case of if, but when." He was finally proved right at the end of last week when Cisco became an official PoweDsine customer -- under its new management.
PowerDsine, which was acquired at the end of 2006 by Microsemi Corp. (Nasdaq: MSCC) for $245 million, will provide Cisco with its flagship product, the 12-port power over-the-ethernet (PoE) midspan chip that it jointly developed with Freescale Semiconductor (NYSE: FSL). This is an extremely ...