Saifun Shareholders Approve Spansion Deal
Sunnyvale-based Spansion, a provider of Flash memory products said today that the shareholders of Saifun Semiconductor Ltd. have approved the firm's acquisition of the company. The $368M stock and cash deal was announced in October. Saifun is a provider of semiconductor IP for the non-volatile memory market; Spansion is one of the major customers of Saifun, and incorporates its technology into its Flash memory products.
posted on Thursday, December 20, 2007
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