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MoSys and Peraso Technologies signed a definitive agreement for a business combination. Peraso shareholders will hold a 61% stake in the combined company, which will be renamed Peraso Inc. and trade under ticker PRSO. The deal is expected to close in Q4 2021.
“The combination will broaden our product lines, add operating scale and unlock potential selling synergies across common customers.”perasoinc.com
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