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March 2, 2016 05:24 pm GMT

Cisco to acquire Leaba Semiconductor for $320 million as buying spree continues

Woman working on circuit board at factory.Cisco continued its buying spree today as it announced its intention to acquire Israeli chip designerLeabaSemiconductorfor $320 million. Cisco sees this acquisitionas a way to advance its hardware catalog withhighly advanced chip technology. “By combining Leaba’s semiconductor expertise with the Cisco engineering team, we will accelerate our plans for Cisco’s… Read More

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