Semiconductors M&A » By The Online Investor Staff, updated Fri., Apr. 19, 1:32 PM
Recent mergers and acquisitions in the Semiconductors M&A category.
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Slide #93. Advanced Photonix, Inc. — Certain Assets of Silonex, Inc.
Acquirer:
Advanced Photonix, Inc. (NASDAQ:API)
Acquiree:
Certain Assets of Silonex, Inc.
Details:
Advanced Photonix (NYSE MKT: API), a leading supplier of Optoelectronic components, sub-systems and systems to industry, announced today that it has acquired certain assets of Silonex, Inc. Silonex, Inc. is/was a wholly owned subsidiary of ARCAS Automotive Group (Luxco 1) S.a.r.l. , in exchange for a cash payment of $900,000.
Agora is a holding company. Through its subsidiaries, Co. engages in providing Real-Time Engagement (RTE) Platform-as-a-Service, which provides developers software tools to embed real-time video, voice and messaging capabilities into their applications. Co.'s products include Core Products, which consist of a range of products designed to deliver its key RTE capabilities; Extensions, which comprise various capabilities and tools to enable developers to launch RTE in specific use cases with enhanced end user experiences; and Application Platforms, which deploys its key RTE capabilities in low-code or no-code environment to help developers with little or no RTE capabilities develop products.
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