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Technology Stocks : Silicon Motion Inc. (SIMO)
SIMO 92.20+1.3%Dec 5 9:30 AM EST

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From: Elroy4/24/2022 8:47:06 PM
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Silicon Motion is said to explore sale amid interest - Bloomberg

seekingalpha.com

Silicon Motion Technology Corp. (NASDAQ: SIMO) is said to be considering a potential sale amid takeover interest in the semiconductor company.

Taiwan-based Silicon Motion (SIMO) is working with advisers as it holds talks with possible bidders, according to a Bloomberg report. SIMO has a market cap of $2.7 billion.

The Bloomberg report comes after Betaville on Friday said there's speculation that a mystery bidder is said to be circling Silicon Motion (SIMO). It's not clear who might be interested in acquiring SIMO.
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