US-based
Atheros Communications announced the acquisition of China's Opulan Technologies
on July 20, 2010, according to Commercial Times of Taiwan. Under the terms of
the agreement, Atheros is required to pay Opulan shareholders approximately
US$72 million in cash. A total of 111 employees working at Opulan's Beijing and
Shanghai offices will be transferred to Atheros along with the acquisition. It
is projected that the deal will be closed in the third quarter of 2010.
Atheros
Communications is a developer of semiconductor system solutions for wireless
and network communications products. The Shanghai-based Opulan is a private-owned
fabless semiconductor company, focusing on providing PON (Passive Optical
Network) and broadband access aggregation solutions.