Acquisition of RAD3 Communications, Inc. by PMC-Sierra Completed

November 17, 2011 -- The acquisition of  RAD3 Communications Inc. (RAD3), a Calgary-based communications intellectual property (IP) company, by PMC-Sierra, or PMC, the semiconductor innovator transforming storage, optical and mobile networks, closed on Thursday, November 11, 2011. Roger Bertschmann, president of Rad3 Communications, joined PMC as Director of Digital Signal Processing (DSP). The Rad3 team also joined PMC and will continue to operate out of its Calgary office.

The acquisition includes leading-edge Forward Error Correction (FEC) and DSP technologies, as well as a very experienced team that will enhance PMC’s ability to offer innovative, high-performance storage, optical and mobile solutions.

About PMC

PMC (Nasdaq:PMCS) is the semiconductor innovator transforming networks that connect, move and store digital content. Building on a track record of technology leadership, we are driving innovation across storage, optical and mobile networks. Our highly integrated solutions increase performance and enable next-generation services to accelerate the network transformation. For more information, visit www.pmc-sierra.com.