SANTA CLARA, CA, Oct. 27, 2009 (Marketwire) --
SANTA CLARA, CA -- (Marketwire) -- 10/27/09 -- Atheros Communications, Inc. (NASDAQ: ATHR), a global leader in innovative technologies for wireless and wired communications, today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR Act") for Atheros' planned acquisition of Intellon Corporation expired on October 26, 2009. Accordingly, the condition that any waiting period or clearance, consent or approval under the HSR Act shall have expired, been terminated or be obtained has been satisfied.
This transaction remains subject to approval by Intellon's stockholders, having an effective registration statement on Form S-4 with respect to the Atheros common stock to be issued in connection with this transaction and various other customary closing conditions. Atheros continues to expect that this transaction will close during the fourth fiscal quarter of 2009.
About Atheros Communications, Inc.
Atheros Communications is a global leader in innovative technologies for wireless and wired communications. Atheros combines its wireless and networking systems expertise with high-performance radio frequency (RF), mixed signal and digital semiconductor design skills to provide highly integrated chipsets that are manufactured on low-cost, standard complementary metal-oxide semiconductor (CMOS) processes. Atheros technology is used by a broad base of leading customers, including personal computer, networking equipment and consumer device manufacturers. For more information, please visit http://www.atheros.com or send an email to info@atheros.com.
Atheros and the Atheros logo are trademarks of Atheros Communications, Inc. All other trademarks mentioned in this document are the sole property of their respective owners.
NOTE ON FORWARD-LOOKING STATEMENTS:
Except for the historical information contained herein, the matters set forth in this press release, including our statements regarding the expected closing of the Company's planned acquisition of Intellon, constitute forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could materially affect the events or results in such statements, including the risks described in our quarterly report on Form 10-Q for the quarter ended September 30, 2009, filed with the Securities and Exchange Commission. Any forward-looking statements herein speak only as of the date hereof.
