MegaChips Acquires SiTime for $200,000,000
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1364646e-839f-4f2c-8603-aeaa77a9353c - Date
10/30/2014 - Company Name
SiTime - Mailing Address
990 Almanor Avenue Sunnyvale, CA 94085 USA - Company Description
SiTime is a fabless integrated circuit company developing silicon timing, clock, and RF chips, which incorporate Micro Electro Mechanical Systems (MEMS) timing reference devices inside standard silicon electronic chips, eliminating the need for quartz crystals. - Website
http://www.sitime.com - Transaction Type
M&A - Transaction Amount
$200,000,000 - Transaction Round
- Proceeds Purposes
- M&A Terms
The acquisition will be paid for with all cash.
