Tech Company M&A Transactions
Pictos Technologies Acquisition
Pictos Technologies was purchased by Conexant Systems. The acquisition was announced on 6/10/2003. Conexant Systems said the transaction price was $27 million.
Transaction Overview
Company Name
Acquired By
Announced On
6/10/2003
Transaction Type
M&A
Amount
$27,000,000
M&A Terms
Conexant Systems, Inc. (Nasdaq: CNXT), today announced that the acquisition of Pictos Technologies, Inc. by ESS Technology in which Conexant held an approximately 60 percent equity interest, for $27 million in cash. Pictos Technologies, Inc. was formed in July 2002 when Conexant combined its digital imaging business with Zing Network to create a new, privately held company focused on providing semiconductors and embedded camera software for digital still cameras and mobile imaging devices.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
48401 Fremont Blvd
Fremont, CA 94538
USA
Fremont, CA 94538
USA
Phone
Website
Email Address
Not Recorded
Overview
Pictos Technologies, Inc., a leading supplier of semiconductor and system solutions for digital-imaging applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Patrick Henry
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We do our best to report on funding rounds that are announced publicly. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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