Renesas Electronics Reaches a Definitive Agreement to Transfer Certain Assets and Shares of Subsidiaries Related to its LTE Modem Technology

(*1) Please refer to Broadcom's investor site at http://investor.broadcom.com

4. Subjects to be Transferred and Purchase Price

(1) Subjects to be Transferred
All the shares of RME and RMI as well as certain assets related to the LTE Modem technology shall be transferred.
 
(2) Purchase Price
Expected purchase price is approximately USD 164 million including all the shares of RME and RMI as well as certain assets related to the LTE Modem technology. The final purchase price is subject to adjustment under the Definitive Agreement.

5. Number of Shares Transferred, and Number of Shares Before and After Transfer

(1) RME

a) Number of Shares Before Transfer   10,000 shares (% held: 100%)
b) Number of Shares Transferred   10,000 shares (% held: 100%)

c) Number of Shares After Transfer

  0 shares (% held: 0%)
 

(2) RMI

a) Number of Shares Before Transfer  

3,872,500 shares (% held: 100%)
*) 100% held by RME and RMC combined with
RMC holding one hundred shares

b) Number of Shares Transferred  

3,872,500 shares (% held: 100%)
*) 100% held by RME and RMC combined with
RMC holding one hundred share

c) Number of Shares After Transfer

  0 shares (% held: 0%)

« Previous Page 1 | 2 | 3 | 4  Next Page »
Featured Video
Editorial
Jobs
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Equipment Engineer, Raxium for Google at Fremont, California
Mechanical Manufacturing Engineering Manager for Google at Sunnyvale, California
Manufacturing Test Engineer for Google at Prague, Czechia, Czech Republic
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Upcoming Events
FABTECH Orlando 2024 at Orange County Convention Center Orlando FL - Oct 15 - 17, 2024
TIMTOS 2025 at Nangang Exhibition Center Hall 1 & 2 (TaiNEX 1 & 2) TWTC Hall Taipei Taiwan - Mar 3 - 8, 2025
Automate 2025 at Detroit, Michigan, USA MI - May 12 - 15, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise