Parade Technologies to acquire substantially all assets of Spectra7 Microsystems for $9M
Parade Technologies, Ltd. has entered into a definitive agreement to acquire substantially all assets of Spectra7 Microsystems Inc., including intellectual property, products, and designs, for US$9 million in cash. The transaction is expected to close with a significant number of Spectra7 employees joining Parade.
Productshigh-performance analog semiconductorsactive cable productshigh-speed interface ICs
“We are thrilled by this outcome and excited to close this transaction.”de.advfn.com
- 4 sources
- de.advfn.comSpectra7 Microsystems and Parade Technologies, Ltd. enter into Definitive Agreement for Sale of Substantially All of Spectra7's AssetsPR Newswire (CanadaMar 7, 2025
- paradetech.comParade Technologies Acquires Spectra7 Majority Assets to Enhance High-Speed Data Transmission Capabilities and Boost Connectivity Market Opportunities - Parade Technologies, Ltd.Julian HsuMar 9, 2025
- eetasia.comParade Technologies Acquires Spectra7 Assets - EE Times AsiaParade Technologies LtdMar 10, 2025
- newswire.caSpectra7 Announces Approval of Parade Technologies Sale Transaction, Results of Annual MeetingSpectra7 Microsystems Inc.Apr 17, 2025
Summarized from public sources; check the original articles before acting on it.
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