Brief: Pixelworks Announces Definitive Purchase Agreement To Sell Its Shanghai Semiconductor Subsidiary To VeriSilicon
Oct 15 (Reuters) - Pixelworks Inc PXLW.O: PIXELWORKS ANNOUNCES DEFINITIVE PURCHASE AGREEMENT TO SELL ITS SHANGHAI SEMICONDUCTOR SUBSIDIARY TO VERISILICON PIXELWORKS INC - SALE VALUED AT RMB 950 MILLION OR $133 MILLION USD PIXELWORKS INC - EXPECTS $50 MILLION-$60 MILLION CASH FROM SALE Source text: ID:nPn64zJDha Further company coverage: PXLW.O
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