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Gennum acquires Tundra Semiconductor for $86M

Guest Contributor
March 30, 2009

Gennum Corp, one of Canada's oldest standalone technology companies, is acquiring Ottawa-based Tundra Semiconductor Corp. Established in 1973, the Burlington ON-based Gennum has signed a definitive agreement to purchase Tundra for $86 million comprised of $55 million in cash and 8 million common Gennum shares.

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