Cypress koopt IoT-divisie van Broadcom

News General Global 29 APR 2016
Cypress koopt IoT-divisie van Broadcom
De Amerikaanse chipmaker Cypress Semiconductor neemt voor 550 miljoen dollar de IoT-activiteiten over van Broadcom. Naast de overname van de productlijn krijgt Cypress ook het intellectueel eigendom in handen. Broadcom's IoT business unit telt ongeveer 430 werknemers en de divisie realiseerde in de voorbije 12 maanden een omzet van 189 miljoen dollar. Tegelijkertijd legt Cypress-oprichter en CEO zijn functie neer, naar eigen zeggen om ruimte te bieden aan 'vers bloed'. Naar verwachting wordt de transactie in het derde kwartaal afgerond. 

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General

Companies:

Broadcom,  Cypress Semiconductor

Regions:

Global

Tags:

Semiconductors, M&A buyouts & divestments

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