Tech Company M&A Transactions
Magnum Semiconductor Acquisition
Magnum Semiconductor was acquired by GigPeak. The acquisition occurred on 4/5/2016. The acquisition price was $55 million.
Transaction Overview
Company Name
Acquired By
Announced On
4/5/2016
Transaction Type
M&A
Amount
$55,000,000
M&A Terms
All stock transaction. The acquisition of Magnum Semiconductor, our eighth acquisition since inception, is another important step in realizing our initial 2007 roadmap vision and strategic plan to expand GigOptix through inorganic and organic growth. With the addition of Magnum Semiconductor, we have taken a meaningful step in expanding our product portfolio to further enhance our mission of enabling high-speed and high-quality information streaming end-to-end over the network, from the core to the consumer.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
591 Yosemite Drive
Milpitas, CA 95035
USA
Milpitas, CA 95035
USA
Phone
Website
Email Address
Overview
Magnum Semiconductor is a leading provider of chips, software, and platforms for consumer entertainment systems. Magnum provides the tools and technologies for recording, storing, managing, viewing, and exchanging audio and video throughout the home, and on the go!
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gopal Solanki
Chief Financial Officer
Terry Griffin
VP - Engineering
Fure Jeng
VP - Marketing
Yossi Aloni
VP - Sales
Mark Carrington
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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