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TDK agrees to buy InvenSense for about US$1.3b

Published Wed, Dec 21, 2016 · 09:50 PM
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TDK Corp has agreed to buy InvenSense Inc in a deal that values the supplier of sensors to Apple Inc and other smartphone makers at about US$1.3 billion.

The offer is worth US$13 a share in cash for the San Jose, California-based company,…

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