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SMSC Buys Tallika For $3.4 Million

September 16, 2009, 2009 (FinancialWire) — Semiconductor firm SMSC (NASDAQ: SMSC ) has closed its acquisition of Tallika Corp for around $3.4 million.

Tallika’s team of around 50 engineers are located in design centers in Chennai, India and Phoenix, Arizona. According to SMSC, the team brings the companyt a set of capabilities including SoC design and software development.

SMSC said that Tallika should play a role in accelerating the company’s product roadmaps, including USB 3.0.

Happauge, New York-based SMSC is a developer of mixed-signal connectivity solutions. The company is focused on delivering connectivity solutions that enable the proliferation of data in personal computers, automobiles, portable consumer devices and other applications.

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