PMC-Sierra Inc. To Acquire Quantum Effect Devices Inc - Company Business and Marketing - Brief Article

EDP Weekly's IT Monitor, July 17, 2000

PMC-Sierra, in a transaction which it expects will provide it with a significant presence in the design of high-speed networks will acquire Quantum Effect Devices, Inc., a maker of microprocessors used in consumer electronics. The acquisition will fill in a void in PMC's product line by providing a flexible network microprocessor that can be used in complicated processing of information delivered world-wide over networks.