Semtech Buys Sierra Monolithics For $180M
socalTECH
NOVEMBER 18, 2009
Sierra Monolithics has around 110 employees, and operations in both Irvine and Redondo Beach. Semtech said it expects the transaction to be accretive to its GAAP earnings per share within twelve months, generating approximately $50M in revenue in calendar year 2009.
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