TMCnet News
Nethra Imaging acquires assets of AmbricApr 07, 2009 (Datamonitor Financial Deals Tracker via COMTEX) -- Nethra Imaging, Inc., a semiconductor company focused on delivering imaging and video solutions, has acquired all of the assets of Ambric, Inc., a semiconductor company, engaged in the development of software-programmable integrated circuit (IC) platform. Both the companies are based in the US. Deal Type Acquisition Sub-Category Asset Purchase Deal Status Completed: 2009-04-06 Deal Participants Target (Company) Ambric, Inc. - Assets Acquirer (Company) Nethra Imaging, Inc. Vendor (Company) Ambric, Inc. Deal Rationale The transaction would facilitate Nethra Imaging to provide semiconductor and systems solutions for the media processing and imaging markets. |
