STMicroelectronics to Buy Majority Stake in France's Exagan
05 Marzo 2020 - 03:40AM
Noticias Dow Jones
By Cristina Roca
STMicroelectronics NV said Thursday that it has agreed to buy a
majority stake in France's Exagan for an undisclosed amount.
The Geneva-based semiconductor company said the deal will be
funded with available cash, and the agreement also provides for the
acquisition of the remaining minority stake in Exagan 24 months
after the closing of the initial deal.
Exagan is a company specialized in power devices which use
gallium nitride, a semiconductor technology.
Write to Cristina Roca at cristina.roca@dowjones.com;
@_cristinaroca
(END) Dow Jones Newswires
March 05, 2020 04:25 ET (09:25 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
ST Microelectronics (BIT:STM)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024
ST Microelectronics (BIT:STM)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024