Tech Company M&A Transactions

Chipidea Acquisition

Chipidea, operating out of Porto Salvo, was purchased by MIPS Technologies. The companies indicated that total deal value was $147 million.

Transaction Overview

Company Name
Announced On
8/27/2007
Transaction Type
M&A
Amount
$147,000,000
M&A Terms
Under the terms of the transaction, MIPS Technologies will pay an aggregate of $147 million in cash, with an additional performance-based milestone payment of 610,687 shares of MIPS Technologies' common stock in 2009. At today's closing, MIPS Technologies will make an initial payment of approximately $120 million from its current cash reserves with the balance released from escrow within two years subject to an indemnification holdback and deferred payments for the Chipidea co-founders remaining with the company.

Company Information

Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
Avenida Dr. Mrio Soares 33 TagusPark
Porto Salvo, 2740-119
Portugal
Email Address
Overview
Chipidea is the world's number one analog/mixed-signal merchant technology supplier targeting fast-growing market segments like wireless communications, digital media and consumer electronics.
Profile
Chipidea LinkedIn Company Profile
Social Media
Chipidea Company Twitter Account
Company News
Chipidea News
Facebook
Chipidea on Facebook
YouTube
Chipidea on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jose Franca
  Jose Franca LinkedIn Profile  Jose Franca Twitter Account  Jose Franca News  Jose Franca on Facebook
Chief Financial Officer
Sérgio Dias
  Sérgio Dias LinkedIn Profile  Sérgio Dias Twitter Account  Sérgio Dias News  Sérgio Dias on Facebook
Chief Technical Officer
Carlos Leme
  Carlos Leme LinkedIn Profile  Carlos Leme Twitter Account  Carlos Leme News  Carlos Leme on Facebook
Co-Founder
João Vital
  João Vital LinkedIn Profile  João Vital Twitter Account  João Vital News  João Vital on Facebook
General Manager
José Moniz
  José Moniz LinkedIn Profile  José Moniz Twitter Account  José Moniz News  José Moniz on Facebook
Vice President
Nuno Ramalho
  Nuno Ramalho LinkedIn Profile  Nuno Ramalho Twitter Account  Nuno Ramalho News  Nuno Ramalho on Facebook
VP - Bus. Development
Sergio Kusevitzky
  Sergio Kusevitzky LinkedIn Profile  Sergio Kusevitzky Twitter Account  Sergio Kusevitzky News  Sergio Kusevitzky on Facebook
VP - Operations
Seng Pan U
  Seng Pan U LinkedIn Profile  Seng Pan U Twitter Account  Seng Pan U News  Seng Pan U on Facebook
VP - Sales
Didier Lacroix
  Didier Lacroix LinkedIn Profile  Didier Lacroix Twitter Account  Didier Lacroix News  Didier Lacroix on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/27/2007: Masala venture capital transaction
Next: 8/27/2007: deCarta venture capital transaction

 

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