Inphi Announces Definitive Agreement to Acquire Cortina Systems, Inc., a Leader in Network Infrastructure - Seite 2
"We are truly excited about the interconnect market leader this merger creates for service provider and data center customers. We are excited to add Cortina's industry-leading products to our portfolio and talented employees to our team. We believe the combined entity will bring financial efficiencies in revenue, gross margin and operating income, that we expect will deliver significant value for our shareholders," said Ford Tamer, President and CEO, Inphi.
The transaction is expected to close in late September or October subject to approval by the shareholders of Cortina, the receipt of regulatory approvals and other customer closing conditions.
Conference Call
Inphi Corporation will host a conference call at 8:00 am EST to discuss the details of the transaction. To participate via telephone, the toll free dial-in
number is 877-415-3183; international callers should dial 857-244-7326, participant passcode: 87370534. Please dial-in 10 minutes prior to the scheduled conference call time. The replay of the conference call
will be archived on Inphi's website at http://investors.inphi.com.
About Inphi
Inphi Corporation is a leading provider of high-speed, mixed signal semiconductor solutions for the communications, data center and computing markets. Inphi's
end-to-end data transport platform delivers high signal integrity at leading-edge data speeds, addressing performance and bandwidth bottlenecks in networks, from fiber to memory. Inphi's solutions
minimize latency in computing environments and enable the rollout of next-generation communications infrastructure. Inphi's solutions provide a vital interface between analog signals and digital
information in high-performance systems, such as telecommunications transport systems, enterprise networking equipment, enterprise and data center servers, and storage platforms. To learn more
about Inphi, visit www.inphi.com.
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About Cortina Systems
Cortina Systems, Inc. is a leading provider of high-performance communications semiconductor solutions enabling next generation network connectivity and
efficient bandwidth delivery from the core network to the home network. Our broad product portfolio includes carrier-class semiconductor devices for next generation optical transport and passive
optical network systems, as well as data center connectivity and digital home solutions.