Tech Company M&A Transactions
Newport Media Acquisition
Headquartered in Lake Forest, Newport Media was purchased by Atmel. Atmel said the transaction price was $170 million.
Transaction Overview
Company Name
Acquired By
Announced On
7/7/2014
Transaction Type
M&A
Amount
$170,000,000
M&A Terms
The purchase price is $140 million cash, subject to working capital adjustments, plus an additional earn-out of up to $30 million to be paid subject to achievement of future revenue thresholds over two years.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
1 Spectrum Pointe Dr. 225
Lake Forest, CA 92630
USA
Lake Forest, CA 92630
USA
Phone
Website
Email Address
Overview
Newport Media is a fabless semiconductor company that develops and sells highly integrated solutions for emerging digital audio and mobile TV broadcasts standards. Market research firm In-Stat forecasts that the market for TV enabled cellular phones will grow to over 80 million units annually by 2010.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mohy Abdelgany
Chief Financial Officer
Scott Blouin
Chief Technical Officer
Nabil Wasily
VP - Engineering
Mohamed Romdhane
VP - Marketing
James Kamke
VP - Operations
Hassan Hashemi
Browse more venture capital transactions:
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Where The Data Comes From
We do our best to report on tech company VC transactions. All VC database entries on this site come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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