NetLogic To Buy Optichron
NetLogic Microsystems, a Santa Clara, Calif.-based chipmaker, said Monday that it has agreed to buy Optichron for an initial cash payment of $77 million. NetLogic said it may also provide up to $108.5 million in a milestone payment, as well as $12.5 million in additional consideration. Optichron's investors include U.S. Venture Partners, Battery Ventures, TL Ventures and VentureTech Alliance. The sale has been approved by the boards of both companies and is expected to close in second quarter.
21 March 2011•4 mins read
