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Shareholders approve ISSI acquisition by Chinese consortium

2015-06-30 02:27:51| IT Services - Topix.net

The sale of Silicon Valley semiconductor maker Integrated Silicon Solution Inc. to a Chinese investment consortium for about $765 million was approved Monday by ISSI's shareholders. The action ends a two-month battle over the company that began when Cypress Semiconductor, another valley chip company, complained that it had been excluded from the sale process and began bidding against the Chinese consortium, Uphill Investment.

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