Silicon Laboratories, a Nasdaq-listed computer circuit parts maker, has acquired SpectraLinear, a US-based peer for $40m. SpectraLinear on its website said its investors were venture capital firms Horizon Ventures, InterWest Partners, Norwest Venture Partners and Velocity Interactive Group but it has previously raised about $40m from consortia including Cypress Semiconductor, which span out its circuit clocks division to SpectraLinear in 2006, and Fuse Capital (formerly known as ComVentures), according to news provider Fortune.
SpectraLinear’s series C round raised $10m in January 2009 and $14m in November 2006 from a consortium led by ComVentures.