Short Take: Hybrid to acquire Pacific Monolithics
Hybrid Networks will acquire Pacific Monolothics in a stock deal worth $12.5 million, plus the assumption of about $5 million in debt. The deal represents further consolidation in the broadband industry.
Jeff Pelline Staff Writer, CNET News.com
Jeff Pelline is editor of CNET News.com. Jeff promises to buy a Toyota Prius once hybrid cars are allowed in the carpool lane with solo drivers.
will acquire Pacific Monolothics in a stock deal worth $12.5 million, plus the assumption of about $5 million in debt. The deal represents further consolidation in the broadband industry.