This Slide: #41 of 100 |
Slide #41. InvenSense — Analog Devices Microphone Product
Acquirer:
InvenSense (INVN)
Acquiree:
Analog Devices Microphone Product (ADI)
Details:
Analog Devices, Inc. (NASDAQ:ADI) today announced that it has completed the previously-announced sale of the assets of its microphone product line to InvenSense, Inc. (NYSE:,INVN). The total cash consideration of $100 million paid to ADI includes the purchase price for the acquired assets related to analog and digital output microphones, as well as certain support operations. ADI will record a one-time gain in the fourth quarter of fiscal year 2013 related to this transaction.
InvenSense designs, develops, markets and sells sensor systems on a chip, including accelerometers, gyroscopes and microphones for the mobile, wearable, smart home, gaming, industrial, and automotive market segments. Co. delivers solutions based on its motion and sound technology, targeting solutions such as: smartphones, tablets, wearables, console and portable video gaming devices, digital television and set-top box remote controls, fitness accessories, sports equipment, digital still cameras, automobiles, ultra-books, laptops, hearing aids, stabilization systems, tools, navigation devices, remote controlled toys and other household consumer and industrial devices.
Open the INVN Page at The Online Investor »
InvenSense designs, develops, markets and sells sensor systems on a chip, including accelerometers, gyroscopes and microphones for the mobile, wearable, smart home, gaming, industrial, and automotive market segments. Co. delivers solutions based on its motion and sound technology, targeting solutions such as: smartphones, tablets, wearables, console and portable video gaming devices, digital television and set-top box remote controls, fitness accessories, sports equipment, digital still cameras, automobiles, ultra-books, laptops, hearing aids, stabilization systems, tools, navigation devices, remote controlled toys and other household consumer and industrial devices.
Open the ADI Page at The Online Investor »
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