EZchip Technologies Acquires Tilera for $130,000,000

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=34cc5a3f-0d7a-487e-b7fc-84f4a6bed8ba
Date
7/3/2014
Company Name
Tilera
Mailing Address
2700 Zanker Road San Jose, CA 95134 USA
Company Description
Tilera Corporation is an ASIC-based fabless semi-conductor software and hardware design firm.
Website
http://www.tilera.com
Transaction Type
M&A
Transaction Amount
$130,000,000
Transaction Round
Proceeds Purposes
M&A Terms
EZchip will pay Tilera’s stockholders up to $130 million in cash; of which $50 million is payable at closing and up to an additional $80 million is payable subject to the attainment of certain future performance milestones.