Tundra buys Quadic in RapidIO strategy - Brief Article

Electronics Times, Sept 11, 2000

Tundra Semiconductor is buying contract design house Quadic Systems. Tundra is hoping to speed development of devices supporting system bus technologies for communications networks, notably the RapidIO bus.

Canada-based Tundra is paying $45m, mostly in stock, for Maine-based Quadic, which specialises in back-end layout and analogue circuit design.

Adam Chowaniec, president and CEO of Tundra, said: "Tundra and Quadic make an excellent fit. Acquiring Quadic will provide us with the highly- skilled people we need to keep our system inter-connect strategy aggressively moving forward. This includes designing devices based on the high-speed RapidIO interconnect architecture."

Tundra, along with Motorola, Nortel, Cisco and Lucent Technologies, is a founding member of the RapidIO Trade Association. Chowaniec says the acquisition is a "key step" to forging closer links with members of the association.

Quadic was founded in 1984 and has 37 employees. It claims to have supplied customers with more than 200 designs.

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