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Synaptics to acquire iPhone display chipmaker Renesas for $475 million

By Shawn Knight
Jun 11, 2014
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  1. Touchscreen specialist Synaptics has agreed to purchase iPhone display chip maker Renesas for $475 million. The sale comes after Apple failed to close a deal to purchase the company according to a report from Reuters.

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  2. That's equivalent to $12 billion in Zuckerbucks.
     

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