Power Integrations Agrees to Acquire CT-Concept Technologie for $115M

by Eddie Staley, Benzinga Editor

April 2, 2012 7:32 AM | 13 seconds read | Make a Comment

Power Integrations

POWI

today announced that it has signed an agreement to acquire privately held CT-Concept Technologie AG (known as CONCEPT) for approximately 105 million Swiss francs in cash, or about US$115 million, net of cash assumed.

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