SAN JOSE, Calif., March 7, 2025 /CNW/ -- Spectra7 Microsystems Inc. (TSXV:SEV.VN) (OTC-BB:SPVNF) ("Spectra7"), a leader in high-performance analog semiconductors for powering the AI revolution in broadband connectivity markets, hyperscale data centers, and Spatial Computing, is pleased to announce that it has entered into a definitive agreement (the "Purchase Agreement") effective today with Parade Technologies, Ltd. (TPEx:4966.TWO) ("Parade"), an arm's length party and a leading supplier of video display, touch controller, and high-speed interface ICs, under which Parade will acquire substantially all of the assets (the "Assets") of Spectra7 and its subsidiaries (the "Sale Transaction"). The Assets include intellectual property (IP), products, designs, inventory, and other specified items.
Read more at newswire.caSpectra7 Microsystems and Parade Technologies, Ltd. enter into Definitive Agreement for Sale of Substantially All of Spectra7's Assets
Newswire.ca - Press Release
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