Product category: Memory Devices and Modules
News Release from: Silicon Storage Technology
Edited by the Electronicstalk Editorial Team on 26 October 2004
Silicon Storage Technology to acquire
G-Plus
Silicon Storage Technology has signed a definitive agreement to acquire substantially all the assets of privately held G-Plus.
Silicon Storage Technology has signed a definitive agreement to acquire substantially all the assets of privately held G-Plus G-Plus is a Santa Monica, California-based fabless semiconductor manufacturer specialising in the design of radio frequency integrated circuits for wireless multimedia and broadband networking system applications
This article was originally published on Electronicstalk on 13 Aug 2008 at 8.00am (UK)
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SST will pay approximately $26.0 million in common stock and cash.
It is expected that G-Plus' 36 employees, including cofounders CTO Frank Chang and President Daniel Chow, will join SST Communications Corp, a newly created wholly owned subsidiary of SST, in order to support current and future wireless customers.
The transaction is expected to close before mid-November and to be accreti