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SIRF BUYS CENTRALITY, MAKER OF CHIPS FOR MOBILE NAVIGATION, FOR $283M

Matt Marshall
June 22, 2007 8:41 AM
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updated

Venture-backed Centrality Communications Inc., a maker of chips used in mobile
navigation devices, has agreed to be acquired by publicly traded SiRF Technology
Holdings for $283 million in cash and stock.

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Investing in technologies and people to defend financial institutions


SiRF Technology Holdings, of San Jose, Calif., has agreed to acquire Centrality
Communications, a maker of chips for mobile navigation, for $283 million in
stock and cash.

Centrality Communications, of Santa Clara, Calif, had raised roughly $50 million
in venture capital, including from Acer Venture Partners, Enspire, Focus
Ventures, Harbinger Venture Management, iD SoftCapital, Menlo Ventures, Venture
Tech Alliance and Walden Internatonal.

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