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Article: Performance Technologies Acquires a Part of Intel Corporation's Communications Platform Division.
- Article from:
- Business Wire
- Article date:
- September 12, 2002
CopyrightCOPYRIGHT 2002 Business Wire. 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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Business/Technology Editors
ROCHESTER, N.Y.--(BUSINESS WIRE)--Sept. 12, 2002
Acquisition will significantly expand the company's product
offering and target market
Performance Technologies, Inc. (Nasdaq: PTIX) today announced an agreement with Intel Corporation to acquire a portion of its embedded Communications Platform Division located in San Luis Obispo, California, in a sale-of-stock transaction. The acquisition makes the San Luis Obispo operation a fully owned operating unit of Performance Technologies and more than doubles the company's total available market in the embedded systems space through the addition of system and ...