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Synaptics Inc announces acquisition of Renesas SP Drivers

Tuesday, 10 Jun 2014 04:02pm EDT 

Synaptics Inc:Announced that it has signed a definitive agreement to acquire all of the outstanding equity of Renesas SP Drivers, Inc.Says that it will pay a purchase price of about $475 million for 100 pct of Renesas SP Drivers, based on $515 million enterprise value.