Intersil has agreed to buy privately-held SiCOM Inc. as part of a stock deal valued at $196.1 million that Intersil said will boost its position in the broadband wireless access market.
"Our SiCOM acquisition will enable development of Intersil semiconductors, software and modem reference designs that deliver data at OC3 [155 megabits per second] and in the near future, OC12 [622 Mbits/s] wireless fiber speeds from the Internet to the enterprise and ultimately to homes," said Greg Williams, president and chief executive of Intersil, Irvine, Calif., in a statement.
``We believe that this acquisition will bring our customers closer to a high-data-rate, end-to-end solution for wireless connectivity to broadband content.''
SiCOM, Scottsdale, Ariz., is a fabless semiconductor company specializing in broadband-modem application specific standard parts (ASSPs) and board-level products for equipment manufacturers serving fixed wireless infrastructure and access markets.
According to SiCOM, its integrated modem technology allows equipment manufacturers to develop wireless networks with fiber-quality availability and higher capacity and at a lower cost than alternative technologies. SiCOM will add IEEE 802.16-compliant products to Intersil's existing offerings, expanding customer performance options, Willliams said.