#biggest acquisition

[ambreignssmemories]

Our Emperor made a statement at “Money In The Bank”: he's the biggest acquisition of SmackDown Live history 😎

[WWE Money In The Bank, May 19th 2019]

[myairooh]

Lattice Semiconductor's $600 million deal is among biggest acquisitions ever by an Oregon tech company

Lattice Semiconductor and Silicon Image are essentially opposites.

Hillsboro-based Lattice produces high-cost, versatile computers chips used primarily in the industrial gear and communication equipment.

Silicon Image, based in California, gets most of its revenue from the consumer markets. Its chips are standardized, low-cost options for well-established product lines.

And that's the logic behind the $600 million acquisition Lattice announced Tuesday.

Lattice hopes to transform itself with Silicon Image's technology and customer list, blending the two companies to serve customers over the lifetime of a product line. Lattice said the deal will immediately add to its profits, but it will also immediately add to its debt – the Oregon company is borrowing $350 million to help finance the deal.

It's a turnabout for Oregon tech, which more often sells to Silicon Valley companies. Last year alone, deals for Oregon technology businesses totaled a record $7 billion.

No Oregon tech company has paid so much for an acquisition since 2007, when Integra Telecom bought Eschelon Telecom for $710 million. The debt Integra took on with that deal hobbled it for years and nearly drove it into bankruptcy.