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Virage Logic Seeks to Acquire ARC International.

Publication: Wireless News
Publication Date: 18-SEP-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Virage Logic, a provider of semiconductor intellectual property (IP) for the design of complex integrated circuits, announced that it has declared its recommended cash offer to acquire publicly held ARC International, a supplier of consumer IP to OEM and semiconductor companies, unconditional in all respects.

In a release dated September 15, the company stated:

- With 84.68 percent of the ARC shares already tendered into the offer, Virage Logic will proceed...

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