Silicon Image Acquires SiBEAM for $25,500,000

  • Feed Type
  • Date
    4/14/2011
  • Company Name
    SiBEAM
  • Mailing Address
    555 N. Mathilda Avenue Sunnyvale, CA 94085
  • Company Description
    SiBEAM is a fabless semiconductor company and founding member of the WirelessHD Consortium. A pioneer in developing intelligent millimeter wave technologies for wireless communications, SiBEAM is the first to build 60GHz chipsets using standard CMOS technology.
  • Website
    http://www.sibeam.com
  • Transaction Type
    M&A
  • Transaction Amount
    $25,500,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The purchase price of the acquisition will be $25.5 million in cash and Silicon Image stock.

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