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Transactions

Jul. 18, 2000

Cooley Godward: CONEXANT SYSTEMS BUYS HOTRAIL FOR $400 MILLION

Conexant Systems Inc. has acquired HotRail Inc. in a transaction valued at $400 million. Conexant, based in Newport Beach, develops and produces modem chips that are used in fax machines, personal computers, wireless phones and other communication devices.

        Conexant Systems Inc. has acquired HotRail Inc. in a transaction valued at $400 million.
        Conexant, based in Newport Beach, develops and produces modem chips that are used in fax machines, personal computers, wireless phones and other communication devices.
        With the acquisition of San Jose's HotRail, Conexant gains technology ...

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