M&A
SMIT Holdings acquired S2C, a provider of FPGA prototyping hardware and software as well as interfaces and accessories, for $19 million, plus up to US$2 million in milestone based payments to the key management team. S2C was founded in 2003. SMIT, based in Hong Kong, makes pay TV broadcasting access and mobile point-of-sale payment systems for the Chinese market.
Tools & IP
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