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Terms of the transaction were not disclosed.
March 5, 2020
By: Anthony Locicero
Copy editor, New York Post
STMicroelectronics announced it has signed an agreement to acquire a majority stake in French Gallium Nitride (GaN) innovator Exagan. Exagan’s expertise in epitaxy, product development and application know-how will broaden and accelerate ST’s power GaN roadmap and business for automotive, industrial and consumer applications. Exagan will continue to execute its product roadmap and will be supported by ST in the deployment of its products. Terms of the transaction were not disclosed and closing...
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