King of Prussia-based Guggenheim Ventures, the venture-capital arm of financial-services firm Guggenheim Partners, announced today it has sold Ciclon Semiconductor Device Corp. to Texas Instruments for an undisclosed total, according to the Philadelphia Business Journal.
Ciclon, which is based in Bethlehem, makes semiconductors that aim to allow computers to use less electricity. Texas Instruments is based in Dallas.
Photo courtesy of Qdev.de.
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