Mindspeed Completes Picochip Buy

Newport Beach-based Mindspeed Technologies said this morning that it has completed its acquisition of UK-based Picochip Limited. Mindspeed had announced the acquisition of the small cell base station systems-on-a-chip (SoC) developer on January 5th. The deal is worth approximately $51.8M. Picochip's products are used for developing small base stations for wireless providers, for enterprise, metro, and residential base stations.