Orologic Inc.

• Position: Acquired by Vitesse Semiconductor Corp. - Brief Article

MORRISVILLE -- Orologic Inc., a maker of software that runs computer chips, is being bought by Santa Clara, Calif.-based Vitesse Semiconductor Corp. for $450 million in stock. When announced, it was the most ever paid for a Triangle tech company. A week and a half later, Research Triangle Park-based Cronos Integrated...