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: TechAgreements

On Semiconductor Acquires Sound Design Technologies, LTD.

By TechAgreements

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Under the terms of the acquisition, the seller will also have the ability to receive additional earn-out proceeds of up to $10 million if, among other things, SDT is able to meet certain revenue thresholds in 2010, 2011 and 2012. The initial consideration value represents approximately one times SDT's first quarter 2010 annualized sales levels. SDT will now become an integrated part of ON...

Full post as published by TechAgreements on June 10, 2010 (boomark / email).

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