Chip Shot: Intel Capital Portfolio Company Acquisition Signals Opportunity in Semiconductor Investing

Posted by Vinod Rawat | Oct 30, 2012 | Technology IT | 0 |

Intel Capital portfolio company Crossing Automation announced today that it is being acquired by Brooks Automation (NASDAQ: BRKS) for $63 million. Intel Capital invested in Crossing in 2005 and provided financial support and strategic and operational planning guidance to the company, which manufactures fab and tool automation equipment for the semiconductor market, enabling Crossing to achieve significant revenue and operating income growth. The deal follows on the heels of FormFactor’s (NASDAQ: FORM) $117 million acquisition of Intel Capital portfolio company MicroProbe, which provides…

Read this article: Chip Shot: Intel Capital Portfolio Company Acquisition Signals Opportunity in Semiconductor Investing

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About The Author

Vinod Rawat

I'm a very patient listener with positive attitude towards work and life. I'm kind of innovative and creative, I keep learning things and try to implement them to the best use possible. Sometimes I love to write a little and share with the world, sometimes I stay busy at work or family. Professionally I'm a Web & Graphic Designer and also a Pro Marketer. I have over 12 years of working experience in Sales & Marketing, Graphic and Web Design. Explored many areas of business. Sometimes I do love to travel.

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Chip Shot: Intel Capital Portfolio Company Acquisition Signals Opportunity in Semiconductor Investing