MILPITAS, Calif., Dec. 7, 2015 /PRNewswire/ -- Integrated Silicon
Solution, Inc. (NASDAQ: ISSI) today announced that its previously
announced acquisition by Uphill Investment Co. has been
completed. Under the terms of the merger agreement, ISSI
stockholders will receive $23.00 per
share in cash. As a result of the closing of the transaction,
trading in ISSI common stock on the NASDAQ Stock Market will cease
today.
About ISSI
ISSI is a fabless semiconductor company that designs and markets
high performance integrated circuits for the following key markets:
(i) automotive, (ii) communications,
(iii) industrial, and (iv) digital consumer. ISSI's
primary products are high speed and low power SRAM and low, and
medium and high density DRAM. ISSI also designs and markets NOR
flash products and high performance analog and mixed signal
integrated circuits. ISSI is headquartered in Silicon Valley with
worldwide offices in Taiwan,
Japan, Singapore, China, Europe, Hong
Kong, India, and Korea.
Visit ISSI's web site at www.issi.com.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/issi-announces-completion-of-acquisition-by-uphill-300188799.html
SOURCE ISSI