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May 27, 2022ACQUISITIONCanada

Gennum to acquire Tundra Semiconductor for CAD 86 million

Gennum will acquire Tundra Semiconductor for CAD 86 million (USD 69.6 million), creating Canada's largest semiconductor company. The acquisition is expected to close on May 8.

Value

$69.6M (86.0M CAD)

Status

Announced

ProductssemiconductorsVME solutionsSerial Rapid I/OPCI Expressbridges

CompaniesGennum acquirer Tundra Semiconductor target

Sectors#Semiconductors and Industrial Electronics

“When the acquisition goes through on May 8th we'll be the largest semiconductor company in Canada.”semiconductordevice.net

1 source
semiconductordevice.netSemiconductor companies in Canada | Semiconductor technologyMay 27, 2022

Summarized from public sources; check the original articles before acting on it.

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