Tech Company M&A Transactions
Mysticom Acquisition
Headquartered in San Jose, Mysticom was acquired by TranSwitch. The parties disclosed the acquisition price to be $15 million.
Transaction Overview
Company Name
Acquired By
Announced On
12/6/2005
Transaction Type
M&A
Amount
$15,000,000
M&A Terms
TranSwitch is expected to acquire the Israel-based company through the issuance of approximately $5 million of TranSwitch Common Stock. Upon the satisfactory achievement of certain revenue objectives and a positive operating cash flow over the next 12 months, TranSwitch will pay up to an additional $10 million in the form of TranSwitch stock or cash, at its option.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
101 Metro Dr.
San Jose, CA 95110
USA
San Jose, CA 95110
USA
Phone
Website
Email Address
Not Recorded
Overview
Mysticom Ltd. is a private fabless semiconductor company that designs, develops and markets high performance, low power multi-gigabit transceivers for a variety of applications, including data center, enterprise, server, storage and high definition video.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
General Manager
Haim Moshe
VP - Bus. Development
Chuck Sinha
VP - Product Management
Amir Bar-Niv
Browse more venture capital transactions:
Prev: 12/6/2005: Catalytic Signal venture capital transaction
Next: 12/6/2005: SpineVision venture capital transaction
Share this article
Where The Data Comes From
We record every notable VC transaction. VC transactions reported here are derived from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs