Tech Company M&A Transactions
Matrix Semiconductor Acquisition
On 10/21/2005, Matrix Semiconductor was purchased by SanDisk. The transaction price was $250 million.
Transaction Overview
Company Name
Acquired By
Announced On
10/21/2005
Transaction Type
M&A
Amount
$250,000,000
M&A Terms
Flash-memory giant SanDisk Corp. has signed a definitive agreement to acquire venture-backed Matrix Semiconductor Inc. in a deal valued at about $250 million in mostly stock. The acquisition deal consists of approximately $238 million of newly issued SanDisk shares and equity incentives and about $12 million in cash.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
Undisclosed
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Matrix has developed a manufacturing process that enables it to stack layers of transistors on top of each other, allowing a chip to store data in three dimensions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dennis Segers
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