MegaChips Corp to acquire VC-backed SiTime for $200 mln
MegaChips Corp has agreed to buy semiconductor firm SiTime Corp. for $200 million in cash. The deal is slated to close in November 2014. Needham & Company provided financial advice to SiTime on the transaction. SiTime's backers included Innovative Venture Fund and SMBC Venture Capital.
29 October 2014•4 mins read
