Integrated Device Technology, Inc., and PLX Technology, Inc., In the Matter of

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In the Matter of Integrated Device Technology, Inc., a corporation, and PLX Technology, Inc., a corporation
FTC Matter/File Number:

121 0140

Docket Number:

9354

Enforcement Type:

Federal Injunctions

Part III Administrative Complaint

Case Summary

On 12/18/2012, the FTC issued an administrative complaint seeking to stop electronics component manufacturer Integrated Device Technology, Inc.’s proposed $330 million acquisition of PLX Technology, Inc., a deal that allegedly would give the combined firm a near-monopoly in the market for a type of integrated computer circuits called PCIe switches, which perform critical connectivity functions in computers and other electronic devices widely used by American consumers and businesses. The Commission also authorized the staff to seek a preliminary injunction in federal district court or other relief necessary to stop the deal pending a full administrative trial. On 12/19/2012, the parties abandoned the transaction and the Commission later dismissed the complaint.