News Wire

Golden Gate Completes Conexant Acquisition

NEWPORT BEACH, Calif. — Conexant Systems, Inc. (NASDAQ: CNXT), a leading supplier of innovative semiconductor solutions for imaging, audio, embedded modem, and video surveillance applications, today announced that Gold Acquisition Corp., a wholly owned subsidiary of Gold Holdings, Inc. (“Gold”), merged with and into Conexant, with Conexant as the surviving corporation. Gold is an affiliate of Golden Gate Capital, a private equity firm headquartered in San Francisco with deep experience in semiconductors and broader technology sectors. As a privately held company, Conexant will no longer trade on the NASDAQ Global Market exchange.

{complink 1291|Conexant Systems Inc.}

0 comments on “Golden Gate Completes Conexant Acquisition

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.