Parade Technologies Ltd and Spectra7 Microsystems Inc. have entered into a definitive agreement under which Parade will acquire the majority of Spectra7’s assets, including intellectual property (IP), products, designs, inventory, and other specified items.

With the purchase of the majority of Spectra7’s assets, Parade Technologies is positioned to further strengthen its global leadership in high-speed connectivity solutions. The purchase will enable Parade to both continue marketing Spectra7’s existing advanced active cable product portfolio and to leverage Spectra7’s technology in new high speed solutions.

Parade anticipates that Spectra7’s cutting-edge SiGe-technology, achieving data speeds of 112 Gbps and higher, will provide valuable support for Parade’s efforts to expand into high-growth markets such as data centers, AI-powered computing, and next-generation consumer electronics. In addition, as part of the acquisition, a significant number of Spectra7’s employees will join Parade Technologies, ensuring continuity of technical expertise and customer support.

This strategic purchase will further empower Parade’s ongoing efforts to deliver faster, more energy-efficient signal integrity connectivity solutions that meet the evolving demands of today’s data-driven world.