Tuesday, April 30, 2013

Spansion Buys Microcontroller, Analog Units From Fujitsu

Sunnyvale-based flash memory manufacturer Spansion announced today that it has acquired the microcontroller and analog business units of Fujitsu Semiconductor Limited. According to Spansion, it will pay approximately $110M, plus $65M for inventory, for the two units from Fujitsu. Spansion said the buy will provide it with incremental revenue, and access to people and intellectual property to help it expand its operations.