NEWPORT BEACH, Calif., Sep 25, 2007 - Mindspeed Technologies, Inc. (NASDAQ:MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today announced that it has completed the acquisition of the product portfolio and intellectual property assets of Ample Communications, Inc.
Mindspeed announced on Sept. 5, 2007 that it had entered into an agreement to acquire the assets in a private foreclosure sale from Ample's senior creditor.
About Mindspeed Technologies
Mindspeed Technologies, Inc. designs, develops and sells semiconductor networking solutions for communications applications in enterprise, access, metropolitan and wide area networks.
The company's three key product families include high-performance analog transmission and switching solutions, multiservice access products designed to support voice and data services across wireline and wireless networks, and WAN communications solutions including T/E carrier physical-layer and link-layer devices, as well as ATM/MPLS network processors.
Mindspeed's products are used in a wide variety of network infrastructure equipment including voice and media gateways, high-speed routers, switches, access multiplexers, cross-connect systems, add-drop multiplexers and digital loop carrier equipment.