The merger of Charlton Associates of Irvine...

The merger of Charlton Associates of Irvine and Xidex Corp. of Santa Clara, two makers of computer memory products, has won final approval from the Federal Trade Commission. The deal, valued at more than $40 million, was approved by the companies in December and had been awaiting FTC approval. Under terms of the merger, Charlton becomes a wholly owned subsidiary of Xidex. Charlton’s founder, Richard Charlton, becomes president of the new subsidiary.