# MoSys and Peraso Technologies announce business combination

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.

- Type: Acquisition
- Announced: 2021-09-15
- Where: San Jose, CA, United States
- Status: announced
- Products: semiconductor solutions, 5G mmWave silicon devices
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [MoSys](https://endata.com/companies/57732.md) (acquirer)
- [Peraso Technologies](https://endata.com/companies/57733.md) (target)

## Sources

- [perasoinc.com](https://perasoinc.com/press-releases/mosys-and-peraso-technologies-announce-definitive-agreement-for-business-combination/), 2021-09-15: "The combination will broaden our product lines, add operating scale and unlock potential selling synergies across common customers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.