Technology | 2015.06.11
Parade to Acquire Cypress’s TrueTouch Mobile Business
SANTA CLARA, Calif. & SAN JOSE, Calif.--(BUSINESS WIRE)--Parade Technologies, Ltd. (Taipei Exchange: 4966.TWO), a leading supplier of video displays and interface ICs headquartered in Silicon Valley, and Cypress Semiconductor Corp. (NASDAQ:CY), a supplier of high-performance ICs for embedded systems, today announced that they have entered into a definitive agreement under which Parade will acquire Cypress’s TrueTouch® Mobile touchscreen business for an aggregate acquisition price of US$100 mill
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