Hifn buys IBM network chip assets

12:06 - Tuesday 6 January 2004 by THG Reporting Team
Source: Tom's Hardware – Keywords: hifn, buys, ibm, network, chip, assets Category : Miscellaneous

In the latest sign that the network processor business has fallen short of initial expectations, IBM has sold parts of its Picoprocessor PowerNP product line to Hifn, a maker of security processors, for about $15 million in cash, Hifn announced Monday.

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