In its third acquisition in less than a year, the Hauppauge computer chip seller SMSC has bought a California company in a $284 million deal.
SMSC, or Standard Microsystems Inc., said Monday its board has already approved the purchase of Conexant Systems Inc. of Newport Beach, Calif.
Conexant makes "imaging, audio, embedded modem and video products,” SMSC said in a news release. That's their speaker on a chip product, above left.
In its previous buys, SMSC in November bought another California company, Symwave Inc., a maker of USB 3.0 products capable of transferring data ten times faster than the current USB 2.0 computer port technology.
And in June SMSC bought a Dutch wireless product design company, Wireless Audio IP B.V., which makes plug-and-play wireless products for home theater, headphones, LED TVs, PCs, gaming and automotive entertainment.
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