Freescale buys Seaway Networks’ assets; opens tech center
In a move that Freescale Semiconductors says will strengthen its communications processing capabilities, the company acquired assets of Seaway Networks Inc., a fabless semiconductor supplier of content processing technology and services for the data networking industry. Terms were not disclosed.
Forty Seaway employees are joining Freescale through this acquisition. This team, representing the majority of the Seaway organization, will staff Freescale’s newly formed Ottawa Technology Center. Freescale employees at the Ottawa site will work with other Freescale design centers to advance the company’s communications processor roadmap and data-plane processing technologies.
“This acquisition aligns Seaway’s content-processing expertise, technology and products with Freescale’s communications processor roadmap and PowerQuicc processor portfolio,” said David Perkins, senior vice president of Freescale and general manager of Freescale’s Networking and Computing Systems Group. Freescale says Seaway Networks provides high-performance, silicon-based content processing, advanced security and traffic-management solutions for data networking applications, focusing on processors and subsystem products for Layer 4-7 applications that enable next-generation networking equipment. Founded in 2001, Seaway is based in Ottawa, Canada. Freescale became a publicly traded company in July 2004 after more than 50 years as part of Motorola Inc. Freescale is based in Austin, TX.
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—Mark T. Hoske, Control Engineering, mhoske@reedbusiness