President Trump to rule on Lattice's China deal
September 04, 2017 // By Peter Clarke
eeNews Europe
FPGA vendor Lattice Semiconductor Corp. (Portland, Ore.) has said that the Committee on Foreign Investment in the United States (“CFIUS”) has indicated that it will recommend that the President of the United States suspend or prohibit the proposed takeover of Lattice by a wholly-owned subsidiary of Canyon Bridge, a private equity fund with China-based investors.
Historically US Presidents have rarely if ever countermanded a CFIUS recommendation and they have 15 days from the date of the recommendation to deliver their judgment.
Lattice announced the deal back in November 2016 but has struggled to move it forward while it has been under scrutiny from CFIUS, which has in recent times been more inclined to block deals.
To read the full article, click here
Related Semiconductor IP
- NFC wireless interface supporting ISO14443 A and B with EEPROM on SMIC 180nm
- DDR5 MRDIMM PHY and Controller
- RVA23, Multi-cluster, Hypervisor and Android
- HBM4E PHY and controller
- LZ4/Snappy Data Compressor
Related News
- Lattice Semiconductor and Canyon Bridge Capital Partners, LLC Announce Termination of Merger Agreement Following Decision from President Trump
- Lattice Deal: Harbinger of FPGA & ASSP Union
- With Acquisition in Doubt, Lattice Appeals to Trump
- China condemns protectionism after Lattice deal blocked
Latest News
- CAST Releases First Dual LZ4 and Snappy Lossless Data Compression IP Core
- Arteris Wins “AI Engineering Innovation Award” at the 2025 AI Breakthrough Awards
- SEMI Forecasts 69% Growth in Advanced Chipmaking Capacity Through 2028 Due to AI
- eMemory’s NeoFuse OTP Qualifies on TSMC’s N3P Process, Enabling Secure Memory for Advanced AI and HPC Chips
- AIREV and Tenstorrent Unite to Launch Advanced Agentic AI Stack