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Storied Fairchild Semiconductor sold to Arizona chip maker

2015-11-19 00:08:30| Electronics - Topix.net

Fairchild Semiconductor, which pioneered the integrated circuit that gave birth to Silicon Valley, said Wednesday it has agreed to be acquired by Phoenix-based ON Semiconductor. Fairchild investors will receive $20 a share -- a 30 to 40 percent premium over Fairchild's share price in recent months, before word spread that the company was for sale.

Tags: sold arizona chip maker

Category:Electronics and Electrical

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