NetLogic Microsystems, Inc. (NASDAQ: NETL), a leader in the design and
development of knowledge-based processors and high-speed integrated
circuits, announced today that it has voluntarily withdrawn and re-filed
its notification and report form (HSR Form) with the Federal Trade
Commission and the Department of Justice under the Hart-Scott-Rodino
Antitrust Improvements Act (HSR Act) in order to allow more time for
agency review of information in connection with NetLogic Microsystems’
proposed acquisition of certain assets associated with Integrated Device
Technology Inc.’s (IDT) network search engine products.
NetLogic Microsystems originally filed its HSR Form on May 16, 2009 and
re-filed the HSR Form on June 11, 2009.
NetLogic Microsystems remains committed to working cooperatively with
the agencies while the proposed acquisition is under review.
About NetLogic Microsystems
NetLogic Microsystems, Inc. (NASDAQ: NETL), a fabless semiconductor
company headquartered in Mountain View, California, designs, develops
and markets high-performance knowledge-based processors and high-speed
integrated circuits that accelerate the delivery of voice, video, data
and multimedia content for advanced enterprise, datacenter,
communications and mobile wireless networks. NetLogic Microsystems’
products include high-performance knowledge-based processors,
application-aware content processors, 10-Gigabit Ethernet interconnects
and network search engines that are being deployed by Tier 1 original
equipment manufacturers (OEMs) in leading systems such as routers,
switches, wireless infrastructure equipment, network security
appliances, datacenter servers, network access equipment and network
storage devices. NetLogic Microsystems' knowledge-based processors and
content processors employ an advanced processor architecture and a large
knowledge or signature database containing information on the network,
as well as applications and content that run on the network, to make
complex decisions about individual packets of information traveling
through the network. NetLogic Microsystems’ products significantly
enhance the performance and functionality of next-generation networks
that are designed to deliver high-definition video delivery over the
Internet (IPTV), media-rich content over advanced mobile wireless
services, voice transmission over the Internet (VoIP) and network
security applications.
