CG Power to acquire Radio Frequency components biz of Renesas for $36 million
CG Power and Industrial Solutions on Saturday (October 5, 2024) said it has inked a pact to acquire the Radio Frequency (RF) components business of Japan-based Renesas Electronics Corporation for a cash consideration of $36 million. An asset purchase agreement was executed on October 4, 2024 between CG and Renesas Electronics America Inc, a subsidiary…
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