NetLogic Microsystems, a publicly traded designer of processors, has agreed to acquire Aeluros, a maker of 10-Gigabit semiconductor products for low-power enterprise network operations, for $57 million upfront in cash plus up to $20 million if it meets certain milestones.
The announcement is here.
Aeuluros, which like NetLogic is based in Mountain View, Calif., had raised $28 million since 2001. The main backers were Worldview Technology Partners and New Enterprise Associates, each without about a 20 percent ownership stake. Other investors include Convergence Tech Ventures and UOB Venture Management.
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