Lattice Semiconductor this morning announced that it is to acquire SiliconBlue Technologies, which develops mobile device solutions for the consumer handheld market. Lattice Semi will pay approximately $62 million in cash for SiliconBlue and aims to close the deal before the end of the year. Under the terms of the agreement, SiliconBlue CEO Kapil Shankar will join Lattice Semiconductor as Corporate Vice President of the Mobility Business Unit and will be responsible for its mobility product lines.
Sunday, December 11, 2011
Lattice Semiconductor Acquires Chipmaker SiliconBlue For $62 Million In Cash
Lattice Semiconductor this morning announced that it is to acquire SiliconBlue Technologies, which develops mobile device solutions for the consumer handheld market. Lattice Semi will pay approximately $62 million in cash for SiliconBlue and aims to close the deal before the end of the year. Under the terms of the agreement, SiliconBlue CEO Kapil Shankar will join Lattice Semiconductor as Corporate Vice President of the Mobility Business Unit and will be responsible for its mobility product lines.
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