Hittite Microwave Acquires Arctic Silicon
CHELMSFORD, Mass. — Hittite Microwave Corporation (Nasdaq:HITT) today announced it has acquired Arctic Silicon Devices, a developer of advanced mixed-signal integrated circuit (IC) technology, located in Trondheim, Norway. The acquisition price was approximately $12.0 million in cash and equity. The acquisition provides Hittite with new IC design and integration capability and a state-of-the-art product line…
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