IDT Buys VC-Backed Mobius Microsystems
IDT (Nasdaq: IDTI) has acquired Mobius Microsystems, a Sunnyvale, Calif.-based provider of all-silicon oscillator technology. No pricing terms of the all-cash deal were disclosed. Mobius Microsystems had raised around $19 million in VC funding, from Foundation Capital, Menlo Ventures and RPM Ventures.
15 January 2010•2 mins read
