PLX Divests 10GBase-T Business, Reduces Expenses, Focuses on Enterprise PCI Express
SUNNYVALE, CA — (Marketwire) — 09/14/12 — PLX Technology, Inc. (NASDAQ: PLXT), a leading global supplier of high-speed connectivity solutions enabling emerging data center architectures, today announced steps taken to reduce operational costs by divesting its TeraPHY® 10GBase-T team and associated products. PLX has signed a definitive agreement with Aquantia, a leader in high speed Ethernet connectivity solutions, who will take control of the PLX® 10GBase-T products, customer pipelin