Tech Company M&A Transactions
Monolithic System Technology Acquisition
Monolithic System Technology was acquired by Synopsys. The transaction was announced on 2/23/2004. The transaction price was $432 million.
Transaction Overview
Company Name
Acquired By
Announced On
2/23/2004
Transaction Type
M&A
Amount
$432,000,000
M&A Terms
Synopsys and Monolithic System Technology, Inc. (MoSys); (Nasdaq:MOSY), a leading provider of high-density SoC embedded memory solutions, today announced that they have entered into a definitive agreement for Synopsys to acquire MoSys in a cash and stock transaction valued at approximately $432 million (approximately $346 million net of cash). The acquisition is expected to close before the end of May 2004.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
755 N. Mathilda Avenue
Sunnyvale, CA 94085
USA
Sunnyvale, CA 94085
USA
Phone
Website
Email Address
Not Recorded
Overview
MoSys (Nasdaq:MOSY), develops, licenses and markets innovative memory technologies for semiconductors. MoSys' patented 1T-SRAM technologies offer a combination of high density, low power consumption, high speed and low cost unmatched by other available memory technologies.
Management Team
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