CHELMSFORD, USA: Hittite Microwave Corp. has acquired a license from IBM (NYSE: IBM) to manufacture and market silicon IC millimeterwave transceivers developed by IBM.
Also covered by the license are certain 57-64 GHz IC, package and antenna technology, as well as 71-76 GHz and 81-86 GHz IC intellectual property.
Hittite will apply this advanced high frequency technology to markets that require highly integrated solutions. The company also entered into a Joint Development Agreement with IBM related to millimeterwave technology.
Financial terms of the transaction were not disclosed.
Monday, July 19, 2010
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