Mystery Buyer for IDT?
Dylan McGrath, EETimes
4/13/2016 09:31 AM EDT
Another day, another offer for a U.S. chip firm from a group of Chinese investors. Except that this one is a bit of a head scratcher.
On Tuesday (April 12), group of what appear to be mostly Chinese individuals filed documents with the U.S. Securities and Exchange Commission (SEC) offering to buy Integrated Device Technology Inc. (IDT) for $32 in cash. The group, identified as Libin Sun, Liang Xu, Haiping Zhou, Zhibin Lin, Junping Chen, Libin Yang and Nauman Aly claim to own or have options on roughly 4.9% of IDT’s outstanding shares.
To read the full article, click here
Related Semiconductor IP
- UCIe D2D Adapter & PHY Integrated IP
- Low Dropout (LDO) Regulator
- 16-Bit xSPI PSRAM PHY
- ASIL B Compliant MIPI CSI-2 CSE2 Security Module
- SHA-256 Secure Hash Algorithm IP Core
Related News
- IDT Adopts Simplex's VoltageStorm SoC
- IDT licenses more MIPS cores for communications processors
- MIPS Technologies Licenses 32-Bit MIPS32 4Kc Core to IDT for High-Growth Communications Market
- IDT Selects eInfochips' PCI-X eVC
Latest News
- EU DARE Project Is Scrambling to Replace Codasip
- Sofics and Alcyon Photonics Partner to Support Next-Generation Photonic Systems
- QuickLogic Appoints Quantum Leap Solutions as Authorized Sales Representative
- Cadence and NVIDIA Expand Partnership to Reinvent Engineering for the Age of AI and Accelerated Computing
- Cadence and Google Collaborate to Scale AI-Driven Chip Design with ChipStack AI Super Agent on Google Cloud