NetLogic Microsystems Inc.’s recent move to acquire RMI Corp. will help the multicore processor specialist to devise new products more rapidly, according to executives. The move will also intensify the battle in the emerging embedded multicore sector.
During a press event here on July 1, RMI expanded the capabilities of its existing XLR and XLS multicore lines. It also tipped plans to develop future products for the control plane and data center.As reported, networking chip maker NetLogic (Mountain View, Calif.) last month acquired RMI, a supplier of multicore networking processors, for $175.4 million in stock and $8.0 million in cash. An additional $6.5 million would be paid if certain business objectives are reached.
