Dear Valued Customer: We are very pleased to inform you that today Crocus Technology, Inc. ("Crocus") has signed a definitive agreement to be acquired by Allegro MicroSystems, Inc. ("Allegro"). By combining Crocus's best-in-class advanced TMR technology with Allegro's long-standing partnerships with leading Automotive and Industrial OEMs and Tier-1's, together, we expect to accelerate adoption of [...]
Crocus is a California-based semiconductor company that provides TMR sensor technology solutions for designers and manufacturers of industrial applications.