Mindspeed announced that they purchased the assets of Ample last week for $4.6M in cash. They expect this to contribute $3M to their FY2008 revenues.
Ouch … Evil reality check 👿 Ample had raised over $60M. to develop these products that will provide $3M in revenue.
I would speculate that Mindspeed will hope to integrate this technology into future processors.
I’m going to resist the ITYS comments.