0
General

Foxconn to acquire Ambit Microsystems

Friday 7 November 2003 | 00:00 CET | News
Ambit Microsystems is due to be acquired by Foxconn Electronics, trade name for Hon Hai Precision Industry, in 2004, via a stock swap. The boards of both firms have agreed that one Ambit share will be swapped for 0.672 shares in Foxconn. The two firms aim to formally merge on 19 March 2004, pending approval from shareholders.

Categories: General
Countries: Taiwan, Province of China
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.






51.7%
of Dutch VoIP lines uses cable
Netherlands  |  2014 Q1