Tech Company M&A Transactions
Equator Technologies Acquisition
On 4/28/2005, Equator Technologies was bought by Pixelworks. The parties disclosed the acquisition price to be $109 million.
Transaction Overview
Company Name
Acquired By
Announced On
4/28/2005
Transaction Type
M&A
Amount
$109,000,000
M&A Terms
Under terms of the agreement approved by the respective Boards of Directors, Pixelworks will purchase all outstanding shares of Equator for approximately $109 million in cash. Additionally, all outstanding options to purchase Equator stock will be assumed by Pixelworks. The transaction is expected to close in the second quarter and is subject to regulatory approval and customary closing conditions.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
1300 White Oaks Rd
Campbell, CA 95008
USA
Campbell, CA 95008
USA
Phone
Website
Email Address
Not Recorded
Overview
Equator Technologies is a provider of high-performance, programmable and power-efficient system-on-a-chip (SoC) processors for video streaming and image processing applications. Equator offers its proprietary BSP family of chips, iMMediaToolsR software development toolkit, media libraries and reference platforms to customers worldwide.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Richard Christopher
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