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Poway's Cohu buying rival Xcerra for $796 million after Chinese deal blocked by regulators

Retrieved on: 2018-05-08 07:37:30

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Poway's Cohu buying rival Xcerra for $796 million after Chinese deal blocked by regulators. View article details on hiswai:

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<div>Poway-based Cohu has inked a deal to buy rival semiconductor testing outfit <b>Xcerra Corp</b>. for $796 million – stepping in after U.S. regulators derailed the proposed sale of Xcerra to a Chinese investment group earlier this year. Cohu said Tuesday that the merger will more than double its revenue to $828 ...</div>

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