Cisco Systems has acquired two-year-old Israeli Leaba Semiconductor for $350-$400 million. Leaba is so new that it is still operating in “stealth” mode. Its website says that “Leaba is a fabless semiconductor company providing innovative solutions for significant infrastructure challenges.”

http://www.globes.co.il/en/article-cisco-buys-leaba-semiconductor-for-350400m-1001107497