Tech Company M&A Transactions
u-Nav Microelectronics Acquisition
u-Nav Microelectronics, operating out of Irvine, was acquired by Atheros Communications. The transaction price was $54 million.
Transaction Overview
Company Name
Acquired By
Announced On
12/14/2007
Transaction Type
M&A
Amount
$54,000,000
M&A Terms
Atheros is buying the privately held fabless semiconductor company for $15.4 million in cash plus 1.28 million of its shares. Atheros said the deal includes "additional consideration" if u-Nav meets certain milestones.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
8 Hughes
Irvine, CA 92618
USA
Irvine, CA 92618
USA
Phone
Website
Email Address
Not Recorded
Overview
u-Nav is a fabless semiconductor company developing GPS chipsets and software for the mobile location based services market. u-Nav's technology delivers ultra-low power at low cost with state of the art performance to enable operation indoors and in urban canyons. With the smallest footprint available, the easy-to-integrate GPS chipset is targeted for battery powered mobile applications.
Management Team
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