Maxim Buying Mobilygen
Maxim Integrated Products Inc. (Nasdaq: MXIM) has agreed to acquire Mobilygen Corp., a Santa Clara, Calif.-based provider of low-power ICs for mobile devices. No financial terms were disclosed. Mobilygen has raised around $54 million in VC funding, from firms like Redpoint Ventures, Cardinal Venture Capital, Lehman Brothers, VentureTech Alliance and Kleiner Perkins Caufield & Byers.
15 October 2008•3 mins read
