TDK, the Japanese components manufacturer, wants to buy MEMS specialist InvenSense which wants to be bought. In October, InvenSense hired a financial advisor to scout for interested parties. InvenSense gets 60% of its revenues from Apple which, it is alleged, has been squeezing it on price, reducing TDK’s margins The price being talked about is ...
Read full article: TDK talking M&A with InvenSense
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