Featured Articles

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

We wanted to learn a bit more about Qualcomm's plans for wearables and it turns out that the company believes its…

More...
Qualcomm sampling 20nm Snapdragon 810

Qualcomm sampling 20nm Snapdragon 810

We had a chance to talk to Michelle Leyden-Li, Senior Director of Marketing, QCT at Qualcomm and get an update on…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 19 December 2012 10:13

FTC will block PLX sale

Written by Nick Farrell



Deal gives IDT a near-monopoly


The US Federal Trade Commission is blocking a proposed $330 million purchase of PLX by IDT saying the combined firm would have a near-monopoly on certain computer components.

Both companies make PCIe switches, which perform critical connectivity functions in computers. Richard Feinstein, director of the FTC's Bureau of Competition said that the combination of IDT and PLX would hurt competition and lead to higher switch prices, lower innovation in the marketplace, and reduced customer service.

The combined firm would have a market share exceeding 85 per cent in the global PCIe switch market, the commission said. IDT makes a range of semiconductor components used in communications, computing, and consumer applications. It proposed buying PLX, headquartered in Sunnyvale, California, in April.

FTC said customers have traditionally used the competition between IDT and PLX to play one company against the other and achieve lower prices.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments