Tundra pays $10 million for IBM's PCI-X Bus Bridge product line
Tundra pays $10 million for IBM's PCI-X Bus Bridge product line
By John Walko, CommsDesign.com
March 31, 2003 (10:27 a.m. EST)
URL: http://www.eetimes.com/story/OEG20030331S0011
LONDON System interconnect specialist Tundra Semiconductor (Ottawa, Canada) said Monday March, 31, 2003) that it has bought IBM's 133 PCI-X Bridge product line $10 million in cash. The devices will now be sold as the Tundra Tsi310 PCI-X Bus Bridge and through a foundry deal will continue to be made by IBM Microelectronics. Tundra estimates the market for PCI-X bus bridges will grow over the next few years to be worth $50 million a year as it gains increasing support from leading storage companies such as Adaptec, HP/Compaq, IBM, Intel and LSI Logic. "This is an important step in our plan to accelerate growth and further penetrate the System Interconnect market. This acquisition leverages our experience with the PCI-X standard and its applications to better meet the needs of storage customers," said Jim Roche, President and chief executive of Tundra in a statement. The IBM product line has been available since 2000 and was the indust ry's first PCI-X-to-PCI-X Bus Bridge. Tundra said it has established distribution channels and a global sales and marketing team, and stressed it will work with IBM Microelectronics to provide a smooth transition for existing customers of the devices. "IBM will continue to support Tundra through foundry services for the manufacture of the Tundra Tsi310 PCI-X Bus Bridge. We believe the combination of our technology and manufacturing capabilities, coupled with Tundra's established presence in this market segment, makes an attractive combination for customers," said Mark Ireland, manager, PowerPC strategy and business development at IBM Microelectronics.
Related Semiconductor IP
- Process/Voltage/Temperature Sensor with Self-calibration (Supply voltage 1.2V) - TSMC 3nm N3P
- USB 20Gbps Device Controller
- SM4 Cipher Engine
- Ultra-High-Speed Time-Interleaved 7-bit 64GSPS ADC on 3nm
- Fault Tolerant DDR2/DDR3/DDR4 Memory controller
Related News
- 0-In Formal Verification Products Validate Complex National Semiconductor Bus Bridge Design
- Tundra Semiconductor Terminates Product Acquisition and License Agreements with IBM
- The DTPCI32DC - Dual Clock 32bit PCI Bus Target Interface from Digital Core Design
- Xilinx and IBM First to Double Interconnect Performance for Accelerated Cloud Computing with New PCI Express Standard
Latest News
- Cassia Proposes ‘Better Math’ for AI Efficiency
- QuickLogic Announces $1M eFPGA Hard IP Contract for Data Center ASIC
- Creonic Updates Doppler Channel IP Core with Extended Frequency Band and Sampling Range
- TSMC Price Hikes End the Era of Cheap Transistors
- Analogue Insight IP Group Launches Analogue Insight SAFE in Portland, Oregon to Deliver Certification-Grade Security IP for Next-Gen SoCs and Chiplets