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CML Licensee TDK Corporation to Acquire Gyroscope Supplier InvenSense

Friday, December 23rd 2016

TDK and InvenSense have entered into a definitive agreement wherein TDK agrees to acquire all outstanding InvenSense shares for a total acquisition price of US$1.3 billion. InvenSense is one of the world’s leading gyroscope manufacturers, with its products used in current and next generation smartphone OIS camera modules. Read more here.