10:00 AM EST - Gennum Corp. : said it acquired ASIC Architect Inc., a leading developer of high-speed controller intellectual property or IP in California, for US$1.5 million. This acquisition accelerates Gennum's new analog and mixed-signal product introductions and complements its existing Snowbush IP offering, which currently consists of advanced physical layer IP cores for high-speed data communications, noted the company. Gennum Corp.
shares T.GND are trading off 1 cents at $9.69.
