Sunday, January 31, 2016

Sony says to shop for Israel's double star Semiconductor for $212 million



Sony house (6758.T) aforesaid it'll get Israeli chipmaker double star Semiconductor for $212 million, stepping up its investment in chip technology when sturdy sales of camera sensors within the previous few years helped gyrate the business.

The Israel-based company, that has developed technology to permit tiny devices like security alarms and electricity meters to attach to mobile networks, told Reuters last year that it absolutely was considering AN initial public providing.

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