Tech Company M&A Transactions
Endwave Acquisition
On 2/8/2011, Endwave was acquired by GigPeak. GigPeak said the transaction price was $23.7 million.
Transaction Overview
Company Name
Acquired By
Announced On
2/8/2011
Transaction Type
M&A
Amount
$23,660,000
M&A Terms
Under the terms of the merger agreement, all outstanding shares of Endwave common stock, including those issuable upon settlement of outstanding restricted stock units, and outstanding in-the-money Endwave stock options, will be converted into shares of GigOptix common stock such that immediately after the merger, such shares represent approximately 42.5% of all outstanding GigOptix common stock. Based on the number of shares of Endwave and GigOptix common stock outstanding as of January 31, 2011, approximately 9.1 million shares of GigOptix common stock will be issued to holders of Endwave common stock, registered stock units and stock options.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
130 Baytech Drive
San Jose, CA 95134
USA
San Jose, CA 95134
USA
Phone
Website
Email Address
Overview
Endwave Corporation designs, manufactures, and markets RF modules that enable the transmission, reception and processing of high-frequency signals in telecommunications networks, defense electronics and homeland security systems.
Management Team
Title
Name
Email & Social
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We do our best to report on all VC transactions involving tech companies. VC transactions on this site are derived from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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