acquisitions or divestitures, (vii) foreign exchange gains and losses, and (viii). The dial-in number for the live audio call is 1-87 or 1-20 with conference identification number 13735470. 13, 2017 Lattice Semiconductor Corporation (NASDAQ:LSCC) today announced the termination of the acquisition by Canyon Bridge Capital. security, the Chinese government's role in supporting the transaction and the potential transfer of intellectual property to a foreign buyer. Company means Lattice Semiconductor Corporation, a Delaware corporation. Lattice Semiconductor will review the Company's financial results for the fiscal fourth quarter and full year 2022, and business outlook on Monday, February 13 at 5:00 p.m. President Donald Trumps approval for its proposed 1.3 billion acquisition of U.S. Ī statement from the White House press secretary cited the importance of "semiconductor supply chain integrity" to U.S. A China-backed private equity fund will decide this week whether to seek U.S. "Credible evidence leads me to believe" the buyers of Lattice "might take action that threatens to impair the national security of the United States," Trump said in his order. Programmable-chip maker Lattice Semiconductor Corp said it is being bought by Canyon Bridge Capital Partners, a newly formed private equity firm backed by Chinese funding for 1.3 billion, the. Most acquisitions in the United States and Europe go through without incident, but some purchases of high-tech companies have prompted criticism they might represent security threats or the loss of important national assets. ![]() Now, it plans to introduce quantum-resistant field-programmable gate array (FPGA) devices to its server customers. The deal has been under scrutiny since it became clear the buyer, Canyon Bridge Capital Partners, is funded by the Chinese government.Ĭhinese companies are on a global buying spree to acquire technology and brands. Lattice Semiconductor will review the Company's financial results for the fiscal first quarter 2023, and business outlook on Monday, May 1 at 5:00 p.m. Lattice Semiconductor three years ago launched its security business. ![]() President Donald Trump on Wednesday blocked a Chinese government-financed firm's acquisition of an Oregon semiconductor maker on national security grounds.Ī federal panel that reviews foreign investment in the United States for possible security threats ruled against the proposed $1.3 billion purchase of Lattice Semiconductor last week.
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