Intersil Buying Kenet Inc.

Intersil Corp. (Nasdaq: ISIL) has agreed to acquire Kenet Inc., a Woburn, Mass.-based fabless maker of ultra-low power analog-to-digital converters. No financial terms were disclosed. Kenet has raised around $25 million in VC funding since 2002, from firms like Venrock, Oak Investment Partners, MIT and Kopin Corporation.

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