Spin-out Cambridge Semiconductor acquired by Silicon Valley-based electronic components firm Power Integrations.
Cambridge Semiconductor (CamSemi), a UK-based spin-out of Cambridge University, has been acquired by US-based Power Integrations, according to news provider Business Weekly.
Power, based in Silicon Valley, is a supplier of electronic components, and will be looking to utilise CamSemi’s intellectual property, based around fabless power management. No financial details of the deal were disclosed.
CamSemi was launched in 2000, and received seed backing from the Cambridge University Challenge Fund. It then went on to raise $40.1m over two…
