Tech Company M&A Transactions
Optichron Acquisition
Optichron, based in Fremont, was bought by NetLogic Microsystems. The transaction price was $220 million.
Transaction Overview
Company Name
Acquired By
Announced On
3/21/2011
Transaction Type
M&A
Amount
$220,000,000
M&A Terms
In connection with the acquisition, NetLogic Microsystems will pay the Optichron stockholders initial cash consideration of approximately $77 million upon the closing of the transaction. NetLogic Microsystems will assume approximately $22 million of restricted stock units for employees of Optichron who join NetLogic Microsystems following the close of the acquisition. In addition, NetLogic Microsystems will pay the Optichron stockholders an earn-out upon the attainment of performance milestones through 2012 for the acquired business. If the maximum earn-out is achieved, an additional cash consideration of approximately $108.5 million would be payable by March 31, 2013, and, an additional consideration of $12.5 million would be paid in shares of NetLogic Microsystems common stock (valued approximately at closing date value), issued only to several Optichron employees, subject to their continued employment after the acquisition.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
4221 Technology Drive
Fremont, CA 94538
USA
Fremont, CA 94538
USA
Phone
Website
Email Address
Overview
Optichron is a fabless semiconductor company that leverages its proprietary Turbolinear signal processing technology to develop high-performance precision integrated circuits that target data conversion for communications and other signal processing applications.
Management Team
Title
Name
Email & Social
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