COLORADO SPRINGS, Colo. Applied Micro Circuits Corp. has made a $69 million cash offer to acquire Canadian Ethernet specialist Quake Technologies Inc. Quake, founded in 2000 in Ottawa, is a leader in 10-Gbit/sec physical-layer chips for fiber media.
Not only does AMCC augment its own mixed-signal support of Ethernet, but the acquisition carries some fringe benefits. Quake recently focused its dispersion-compensation plans on the new small module for 10-Gbit Ethernet, SFP+. In addition, Quake's director of advanced products, Brad Booth, recently was named president of the Ethernet Alliance. In previous years at Intel, Booth played a critical role in both the IEEE 802.3 working group, and the Gigabit Ethernet Alliance.
Quake's president and CEO Daniel Trepanier will report to AMCC president and CEO, Kambiz Hooshmand. Quake has 50 employees, most in Ottawa.