SANTA CLARA, Calif. & KUALA LUMPUR, Malaysia--(BUSINESS WIRE)--Key ASIC Berhad announces that it has signed a definitive agreement with the shareholders of Gateway Silicon, Inc. (GSI) to acquire up to 100% of the company in a cash transaction. GSI is a subsidiary of Macronix International, Co. Ltd. a semiconductor IDM headquartered in Taiwan. Macronix ended calendar year 2008 with revenues of NT$23.28B or approximately $710M.
Gateway Silicon, Inc. is a professional IC design service company founded in August 2006 in Hsin Chu Science Park, Taiwan. GSI focuses in research and development of analog and digital IP for consumer ICs. GSI has developed a significant portfolio of analog and memory IP focused in the graphics and video applications. GSI provides SOC implementation and IC turnkey design services. Through GSI’s proprietary platform solutions, competitive cost structure, and integrated turnkey services, customers benefit from high quality IC products developed and delivered on schedule to meet the customer’s time-to-market requirements. GSI has offices in Japan and Taiwan.