Virage Logic BoD Investigated for Breach in Synopsys Buyout!
June 14, 2010
SEE COMMENTS, I STAND CORRECTED!
As a follow-on to my blog: Synopsys Acquires Virage Logic:
Several independent investigations are in process on whether the Virage Board of Directors breached their fiduciary duties to Virage stockholders by failing to adequately shop the Company before entering into this transaction and whether Synopsys is underpaying for Virage shares, thus unlawfully harming Virage stockholders. In particular, at least one analyst set a price target for Virage stock at $15.85 per share and the median price target set by analysts is $14.43 per share. I told you $12 per share was a steal! $15.85 per share would be a fair premium in comparison to the premium Cadence paid for Denali.
Related Semiconductor IP
- Zigbee Transceiver PHY
- Data Flow Architecture IP
- AMBA SPI Controller MRAM Controller
- Ethernet MAC
- Protocol Bridges
Related Blogs
- Synopsys Acquires Virage Logic!
- AMD Design IP Deal with Virage Logic... Oops... Synopsys
- Synopsys and Intel Team Up on the First UCIe-Connected Chiplet-Based Test Chip
- 2023 in Review: AI Takes Center Stage in the Eternal Quest for Innovation
Latest Blogs
- IDS-NoC: A Scalable Interconnect Solution for Modern SoC Design
- Leading-edge AI IC designs demand comprehensive HAV methodologies
- Beyond the Fab: Building Europe’s Next Generation of Semiconductor Champions
- AI Semiconductor Design at 3nm and 2nm: Silicon-Proven IP
- Samsung Foundry and Cadence Expand Infrastructure and Physical AI Solution