• Reference
  • 07 June 2013

Sale of AppliedMicro subsidiary TPACK

Bech-Bruun has advised the California-based IT company Applied Micro Circuits Corporation, also known as AppliedMicro, on the sale of 100 per cent of the shares in subsidiary TPACK A/S based in Copenhagen. The purchaser is the California-based IT company Altera Corporation.

TPACK A/S delivers complete FPGA-based optical transport network (OTN) products targeting packet and optical networking equipment suppliers.

The purchase price amounts to approx. USD 34 million.

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