November 27, 2021

CHICAGO PIXELS

SEMICONDUCTOR RESEARCH CENTER

Sivers Semiconductors to acquire 5G mmWave firm MixComm for $135-155m

Sivers Semiconductors AB of Kista, Sweden (which supplies chips and integrated modules) has agreed to acquire fabless semiconductor company MixComm Inc of Chatham, NJ, USA (with design centres in Oregon and California) for an initial purchase price of $135m (about SEK1173m) on a debt-free basis, to be paid through a combination of $22.5m (SEK196m) in cash and $112.5m (SEK978m) in 39,335,664 newly issued Sivers shares (based on the 10-day volume-weighted average price of a Sivers share prior to signing of the agreement)…