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Silicon Valley tech giant buys Raleigh-based RTI spinoff for $39M

2015-08-28 02:25:40| Industrial Machines - Topix.net

Silicon Valley technology firm Tessera Technologies is acquiring Raleigh-based Ziptronix for $39 million in an all cash deal. The buyout means a big pay day for CEO Dan Donabedian and the rest of the six-person team, all of whom, Donabedian confirms, have equity in the company.

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