TITLE

NXP, Virage deal sees IP exchange, employees transfer, R&D center development

AUTHOR(S)
Deffree, Suzanne
PUB. DATE
October 2009
SOURCE
Electronic News (10616624);10/19/2009, Vol. 55 Issue 41, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that NXP Semiconductors and Virage Logic Corp. have announced a multifaceted deal for exchange of internet protocol (IP) rights, engineering talent, equipment and money along with the development of a research and development center and licensing. It is reported that at the center of the deal transfer of NXP's complementary metal oxide semiconductor (CMOS) IP rights and certaqin engineering talent and equipment to Virage that would reduce costs for NXP.
ACCESSION #
44857966

 

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