Tech Company M&A Transactions
Aeluros Acquisition
Aeluros was purchased by NetLogic Microsystems. The acquisition became public on 10/24/2007. The parties disclosed the acquisition price to be $57 million.
Transaction Overview
Company Name
Acquired By
Announced On
10/24/2007
Transaction Type
M&A
Amount
$57,000,000
M&A Terms
NetLogic Microsystems expects to pay $57 million in cash upon the closing of the transaction in exchange for all of the outstanding equity securities of Aeluros. NetLogic Microsystems will reserve approximately 115,000 shares of common stock for future issuance upon the exercise of unvested employee stock options of Aeluros that will be assumed by NetLogic Microsystems and will be subject to continued employment vesting requirements. In addition, under the terms of the definitive agreement, NetLogic Microsystems may pay up to an additional $20 million upon the attainment of performance milestones for the acquired business.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
201 San Antonio Cir. 172
Mountain View, CA 94040
USA
Mountain View, CA 94040
USA
Phone
Website
Email Address
Not Recorded
Overview
Aeluros, Inc. is a fabless semiconductor company innovating serial, high-performance, high-density physical layer (PHY) and SerDes (Serializer/Deserializer) solutions in mainstream CMOS technology for the 10 Gbps datacom and storage markets.
Management Team
Title
Name
Email & Social
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