# 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.

- Type: Acquisition
- Announced: 2025-03-07
- Where: San Jose, California, United States
- Value: $9.00M
- Status: announced
- Products: high-performance analog semiconductors, active cable products, high-speed interface ICs
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Spectra7 Microsystems](https://endata.com/companies/34264.md) (target)
- [Parade Technologies](https://endata.com/companies/46755.md) (acquirer)

## Sources

- [de.advfn.com](https://de.advfn.com/borse/TSXV/SEV/nachrichten/95589870/spectra7-microsystems-and-parade-technologies-ltd), 2025-03-07: "We are thrilled by this outcome and excited to close this transaction."
- [paradetech.com](https://www.paradetech.com/parade-technologies-acquires-spectra7-majority-assets-to-enhance-high-speed-data-transmission-capabilities-and-boost-connectivity-market-opportunities/), 2025-03-09: "Parade Technologies, Ltd. ... and Spectra7 Microsystems Inc. ... today announced that they have entered into a definitive agreement under which Parade will acquire the majority of Spectra7’s assets."
- [eetasia.com](https://www.eetasia.com/parade-technologies-acquires-spectra7-assets/), 2025-03-10: "Parade Technologies Ltd and Spectra7 Microsystems Inc. have entered into a definitive agreement under which Parade will acquire the majority of Spectra7’s assets, including intellectual property (IP), products, designs, inventory, and other specified items."
- [newswire.ca](https://www.newswire.ca/fr/news-releases/spectra7-announces-approval-of-parade-technologies-sale-transaction-results-of-annual-meeting-835602735.html), 2025-04-17: "Shareholders approved the proposed sale of substantially all of the assets of the Company pursuant to the terms of the previously announced asset purchase agreement dated March 7, 2025 between the Corporation and Parade Technologies, Ltd."

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