Intersil, a maker of analog chips, announced a definitive agreement to acquired Austin-based D2Audio, a maker of digital audio power amplifiers, and member of the Austin Emerging 100. The terms of the deal were not disclosed. D2Audio was founded in 2002, and had received over $50M in funding over the years from various firms including Austin Ventures, Sevin Rosen, and Lightspeed. Venture funds typically have time horizons of 5-7 years to realize liquidity in their [...]