Thursday, 3 November 2016

Lattice sold to China-backed private equity fund

Lattice has been bought by Canyon Bridge for $1.3 billion. Canyon Bridge is a private equity firm in Palo Alto backed by China money. The price is about 30% above Lattice’s market cap before the offer became known. “We will operate as a standalone subsidiary after the acquisition and do not expect any changes in ...

Read full article: Lattice sold to China-backed private equity fund



from Electronics Weekly http://www.electronicsweekly.com/news/business/lattice-sold-canyon-bridge-2016-11/

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