Aptina Imaging Sold to Industrial Semiconductor Company

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JanMatthys
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Aptina Imaging Sold to Industrial Semiconductor Company
4 months ago

Purchase price was $400m usd Cash Sale!

" ON Semiconductor Corp (ONNN.O), a maker of power-management chips, said it would buy Aptina Imaging for about $400 million in cash to accelerate its growth in the automotive and industrial markets. "

http://www.reuters.com/article/2014/06/09/us-on-semiconductor-aptina-idUSKBN0EK20E20140609

I guess ON semiconductors will now take over the decision making and long term planning, but their main focus is automotive and industrial uses, hopefully their upcoming press release will state what their intentions are as far a camera sensors.

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