IDT Acquires Solidum Systems

On October 10, 2002, Santa Clara, California-based Integrated Device Technology, Inc. (IDT), acquired Ottawa-based Solidum Systems Corp. for an undisclosed cash consideration. The acquisition was completed by way of an amalgamation and share redemption involving an indirect, wholly owned IDT subsidiary. IDT is a manufacturer of integrated circuits for the networking and communications industries.

IDT was represented by in-house counsel James Laufman, and by Stikeman Elliott with a team that included Mark Burton, Jean Farley, Roula Eatrides and Richard Farris (corporate), John Lorito (tax) and Nancy Ramalho (labour); assisted in the U.S. by Namee Oberst, Keith Abrams and Mark Roeder of Latham & Watkins in Menlo Park, California. Solidum was represented by James Smith, Randy Taylor and Betty Lobo of LaBarge Weinstein in Ottawa.


Mark Roeder James Smith Randy Taylor Keith Abrams Betty Ann Lobo Roula Eatrides John G. Lorito Jean Farley Namee Oberst Richard Farris Nancy Ramalho


Stikeman Elliott LLP Stikeman Elliott LLP Gorman Nason LaBarge Weinstein LLP