Friday, June 5, 2009

Exar Corporation to Acquire Galazar Networks

FREMONT, Calif., and OTTAWA, June 5 /PRNewswire-FirstCall/ -- Exar Corporation (NASDAQ: EXAR) and Galazar Networks Inc., announced today that they have signed a definitive agreement under which Exar will acquire Galazar Networks - a privately held company based in Canada. Terms of the agreement were not disclosed.