Fresco Logic: Taiwanese Parade Technologies Completes Acquisition of USB Company Fresco Logic

Parade Technologies, Ltd., high-speed data transport IC supplier, announces the completion of its acquisition of Fresco Logic, Inc. for an aggregate purchase price of $37.5 million in cash. It believes the synergy of Fresco's USB expertise with its high-speed data transport experience will benefit its USB4 product integration development. Leveraging the IP portfolio of each [...]The post Taiwanese Parade Technologies Completes Acquisition of USB Company Fresco Logic appeared first on StorageNewsletter.