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Tech Industry

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.

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.