Tech Company M&A Transactions
ChipX Acquisition
On 11/10/2009, ChipX was purchased by GigPeak. GigPeak said the transaction price was $12.3 million.
Transaction Overview
Company Name
Acquired By
Announced On
11/10/2009
Transaction Type
M&A
Amount
$12,250,000
M&A Terms
The terms of the deal provide for the ChipX investors to receive approximately 3.5 million common shares, representing approximately 26% of the fully diluted share count of GigOptix. As well as the operational benefits, the acquisition is anticipated to have the significant effect of broadening the ownership of the GigOptix common stock with the addition of new strategic and institutional investors.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
2323 Owen St.
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Overview
ChipX, Inc. is a leading Analog and mixed-signal ASIC company with unique technology that allows you to reduce the cost, development cycle and risk associated with complex SoC/ASIC designs. ChipX provides the widest range of ASIC solutions, from Mixed-Signal Structured ASIC and Mixed-Signal Embedded Arrays to Standard Cell ASIC.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Amnon Fisher
Chief Financial Officer
Robert Sheffield
VP - Engineering
Ophir Nadir
VP - Marketing
Elie Massabki
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