Friday, December 9, 2011

Lattice Semiconductor Buys SiliconBlue

Hillsboro, Oregon-based Lattice Semiconductor announced this morning that it is acquiring SiliconBlue Technologies, a developer of FPGA-based, mobile chipsets. Lattice said it will pay approximately $62M in cash for SiliconBlue. Lattice said the buy will boost its growth in the mobile consumer market. SiliconBlue was venture backed by BlueRunVentures, Crosslink Capital, NEA, Apex Venture Partners, TSMC and Atlantic Bridge.