The Traderszone Network

Published in TZ Latest News 1 December, 2014 by The TZ Newswire Staff

Chipmaker Cypress to buy peer Spansion for $1.59 billion

Cypress Semiconductor Corp will buy peer Spansion Inc for $1.59 billion in stock to create a flash-memory chipmaker with more than $2 billion in annual revenue. Spansion’s stock was trading at $25.20 after …