MaxLinear Buys Physpeed

Carlsbad-based radio frequency semiconductor developer MaxLinear said this morning that it is acquiring Camarillo-based Physpeed, a developer of high speed, physical layer interconnect products. MaxLinear said it expects to pay approximately $11.0M in cash, plus up to $750,000 in earn out for Physpeed. Physpeed's products including optical physical medium devices (PMDs) and clock data recovery (CDR) devices for 10Gbps to 1000Gbps speeds.