IDT Buys VC-Backed Silicon Optix
Integrated Device Technology Inc. (Nasdaq: IDTI) has acquired substantially all the assets of San Jose, Calif.-based video processing technology provider Silicon Optix. No financial terms were disclosed. Silicon Optix had raised nearly $120 million in VC funding since 2001, from firms like Canaan Partners, InterWest Partners, RBC Capital, Polaris Venture Partners, Apax Partners, Focus Ventures, iD Ventures America, Primaxis Technology Ventures and Origin Ventures.
22 October 2008•4 mins read
