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China group tops Cypress in bid for Silicon Valley chip company ISSI
2015-06-12 03:19:50| Telecom - Topix.net
The see-saw bidding for Silicon Valley chip maker Integrated Silicon Solution Inc. continued Thursday as a Chinese investment group topped Cypress Semiconductor with a bid of nearly $700 million. Shareholders, who are sitting on the sidelines watching the contest, have seen the company's value rise nearly $60 million from the original offer Integrated Silicon was ready to sign in March with Uphill Investment, a Chinese private equity consortium.
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