ACT sells stakein Alphamosaic

Venture capital firm ACT has raised $33 million (€27.3m) with the sale of its 27% shareholding in semiconductor company Alphamosaic.

ACT sells stakein Alphamosaic
Thu, 23 Sep, 2004 - 01:00

ACT’s stake originally cost €8.5m.

The shareholding was sold to Broadcom Corporation, a Californian-based semiconductor company listed on New York’s NASDAQ.

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CourtsPlace: New YorkOrganisation: ACTOrganisation: AlphamosaicOrganisation: Broadcom CorporationOrganisation: Nasdaq
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