Semi-Conductor

business deal
12:29 pm
Fri October 22, 2010

Austin-based Integra Sold for $213 Million

Austin-based Wintegra Sold to California-based PMC-Sierra for $213 Million
Photo Courtesy of Wintegra, Inc.

PMC-Sierra Inc., a California-based semi-conductor company, has agreed to buy Austin-based Wintegra, Inc. for $213 million the companies announced Thursday.

PM-Sierra will pay the initial $213 million in cash, but has promised to pay an additional $60 million if Winetegra can match certain financial goals by the end of 2011.

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