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: TechAgreements

Cavium Networks Signs Definitive Agreement To Acquire China Based Celestial Semiconductor

By TechAgreements

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The net purchase price of the acquisition will be approximately $55 million, to be paid in a combination of cash and stock. In addition, there is an earnout provision whereby the purchase price can increase by up to $10 million contingent on achieving certain revenue milestones during the following 12 months. The acquisition is expected to close by the end of the first quarter of 2011. Cavium...

Full post as published by TechAgreements on January 31, 2011 (boomark / email).

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