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TowerJazz Ties With Avago

Newport Beach-based TowerJazz, the semiconductor foundry operator, has tied with analog component maker Avago, the two said this morning. According to the two companies, they are in an expanded, straegic collaboration where Avago's next generation products will use TowerJazz's SiGe BiCMOS technology platform. FInancial details of the partnership were not disclosed. Avago is already using TowerJazz for its existing, 10Gbps small form factor pluggable optical transceivers (SFPs).