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TDK Corporation agreed to acquire Chirp Microsystems, a developer of ultrasonic 3D-sensing solutions, making it a wholly owned subsidiary. The acquisition is expected to close within days.
“TDK Corporation announced that it has reached an agreement with Chirp Microsystems, Inc., a pioneer in high-performance ultrasonic sensing, in which Chirp becomes a wholly owned subsidiary of TDK.”tdk.com
Summarized from public sources; check the original articles before acting on it.