Tech Company M&A Transactions
Quake Technologies Acquisition
Quake Technologies, operating out of Santa Clara, was acquired by Applied Micro Circuits. The transaction price was $69 million.
Transaction Overview
Company Name
Acquired By
Announced On
8/3/2006
Transaction Type
M&A
Amount
$69,000,000
M&A Terms
Applied Micro Circuits Corp. (AMCC) (Nasdaq: AMCC) today announced that it has signed a definitive agreement to acquire Quake Technologies, Inc. Under the terms of the agreement, AMCC will acquire all outstanding shares of Quake for approximately $69 million in cash (net of the estimated cash and receivables that AMCC expects to assume in the deal). The transaction is subject to certain customary closing conditions and regulatory approvals, and is expected to close at the end of August 2006.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
2855 Kifer Road 202
Santa Clara, CA 95051
USA
Santa Clara, CA 95051
USA
Phone
Website
Email Address
Not Recorded
Overview
Quake Technologies is an innovative, global fabless semiconductor company with an established record of designing, developing and supplying physical layer (PHY) mixed-signal ICs for 10 Gigabit applications for enterprise, data and storage networking markets.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Daniel Trepanier
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