Home Qorvo Takes Strategic Stake in MEMS Vendor Cavendish
 

Keywords :   


Qorvo Takes Strategic Stake in MEMS Vendor Cavendish

2015-08-28 20:30:00| Electronics - Topix.net

RF MEMS switch vendor Cavendish Kinetics Ltd. has raised $36 million in a Series-F round of financing that includes a $25 million stake taken by RF component company Qorvo Inc. through its subsidiary TriQuint Inc. The deal with Qorvo and TriQuint includes the terms under which Cavendish has granted TriQuint the exclusive right, but not the obligation, to acquire Cavendish with an option period lasting until June 30, 2017 or until 60 days after a certain undisclosed product enters pre-production, which ever is sooner. Qorvo Inc. was formed by the merger of two wireless semiconductor companies RF Micro Devices Inc. and TriQuint Inc. - which came into effect on Jan. 1, 2015.

Tags: takes strategic vendor stake

Category:Electronics and Electrical

Latest from this category

All news

»
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Wind Speed Probabilities Number 7
05.11Tropical Storm Rafael Public Advisory Number 7
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Tropical Storm Rafael Forecast Advisory Number 7
05.11Boeing strike ends as workers back 38% pay rise deal
05.11Tropical Storm Rafael Public Advisory Number 6A
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
More »