RealTime IT News

Scoot.com Grabs for Loot

C-Cube + Harmonic, Diamond Technology + Momentus Group, GlobeSpan + T.sqware, MindArrow Systems + Fusionactive.com, Scoot.com + Loot

 GlobeSpan (GSPN) acquires T.sqware


   *  Amount:         $200 million


   *  Terms:            100% stock

   *  Premium:        n/a


   *  Industry:        Speed/Bandwidth


   *  Scorecard:      A-


    RED BANK, April 24--GlobeSpan (GSPN) , a leading provider of integrated circuit, software, and system designs for digital subscriber line (DSL) applications, announced that it has signed a definitive agreement to acquire T.sqware, a leading developer of programmable network processor technology and products based in Santa Clara, CA.



 C-Cube (CUBE) division to merge with Harmonic (HLIT)


   *  Amount:         n/a