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Cypress Semiconductor Corp. and Spansion, Inc. announced a definitive agreement to merge in an all-stock, tax-free transaction valued at approximately $4 billion. The combined company will be a $2 billion global leader in microcontrollers and specialized memories.
“This merger represents the combination of two smart, profitable, passionately entrepreneurial companies that are No. 1 in their respective memory markets.”semiconductordevice.net
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