Cypress's latest tender offer for Ramtron shares is scheduled to expire at 5 p.m. Eastern Standard Time on Sept. 11. Cypress has extended the deadline for the offer several times.
In a statement, T.J. Rodgers, Cypress president and CEO, said his firm is now in discussions with Ramtron's financial advisors. "We are increasing our offer to $2.88 per share in the hopes of completing a transaction quickly, which we believe is in the best interest of Cypress, as well as Ramtron's stockholders," Rodgers said.
I think Ramtron is viewed as a threat to the Cypress quantum trap auto-store NVRAM business. The quantum trap parts are easy to use, but very expensive. The Ramtron parts require no shadow ram or external capacitor.
@Neo1- it's a good question. On one hand, you would think they would have given up by now. But on the other hand, they've only upped their offer a little bit and it's still below the amount they offered last year. I am guessing that Cypress sti,l believes this is a screaming deal, even though it has not been as easy they hoped. But why? What are the Cypress plans for Ramtron? Good question.
Seems like TJ is this kid who does not want to take no for answer, am sure never had any girl friends.
May be they do not want be bought Cypress, may be want to go with TI.
BTW putting this in PSUC does not address the in ability, to take on fixed function low geometry MCU on, power and cost.
David Patterson, known for his pioneering research that led to RAID, clusters and more, is part of a team at UC Berkeley that recently made its RISC-V processor architecture an open source hardware offering. We talk with Patterson and one of his colleagues behind the effort about the opportunities they see, what new kinds of designs they hope to enable and what it means for today’s commercial processor giants such as Intel, ARM and Imagination Technologies.