1. Cypress sells pseudo-SRAM unit to Taiwan firm.
- Author
-
Clendenin, Mike
- Subjects
- *
SALE of business enterprises , *CORPORATE divestiture , *MARKET exit , *PSEUDOCODE (Computer program language) - Abstract
The article reports that Cypress Semiconductor Corp. is getting out of the pseudo SRAM market by selling its business for an unrevealed amount. It will be sold to Elite Semiconductor Memory Technology Inc. of Taipei, Taiwan. The company states that the deal is consistent with the new strategic direction of concentrating on higher-value proprietary programmable solutions. Moreover, Elite will continue to carry out all deliveries and will support Cypress' current PSRAM customer base.
- Published
- 2007