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Article: United States: Trident Microsystems signs deal to acquire three consumer product lines from Micronas.
- Article from:
- TendersInfo
- Article date:
- April 2, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Mamta03
Trident Microsystems, Inc., a developer and marketer of integrated circuits, said that it has signed a definitive deal with Micronas Semiconductor Holding AG to acquire selected assets Micronas' Consumer Division, with a view to expand its reach into the home consumer semiconductor market.
Under the terms of the deal, Santa Clara, California headquartered Trident will acquire products, technology and intellectual property used in Micronas' FRC line of frame rate converters, the DRX line of demodulators and all of the Micronas audio processing products.
The consideration payable will consist of 7.0 million shares of Trident ...