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ON Semiconductor Buys Cypress Business Unit
Phoenix-based
ON Semiconductor
announced today that it has acquired the CMOS image sensor business unit from
Cypress
. The deal was worth $31.4M in cash. The business unit develops custom and standard CMOS image sensors, used in digital photography, cinematography, and other uses. ON Semiconductor gains around 100 patents and patent applications, as well as 80 employees, from the acquisition.
posted on Thursday, January 27, 2011
Related companies:
On Approval, Inc.
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