By continuing to use our service, you agree to our use of cookies. Upon closing of the transaction, the combined operating entity will be named Achronix Semiconductor Corporation and will be listed under the ticker symbol ACHX. This security was issued by ACE Convergence Acquisition Corp. - Class A, whose common stock symbol is ACEV. It marks the first time for a Korean PE firm to set up a SPAC on the Nasdaq to acquire a US-based company. View this information for the company or symbol Find Symbol. What I like about Achronix is the limited competitors they have. Achronix Semiconductor and ACE Convergence Acquisition (ACEV), a special-purpose acquisition firm, said they have agreed to a merger that would result in the combined entity continuing as a publicly listed company, Achronix Semiconductor, with a ticker symbol of ACHX. SANTA CLARA, Calif., April 8, 2021 /PRNewswire/ -- Achronix Semiconductor Corporation, a leader in high-performance FPGAs and embedded FPGA … Dec. 29 2020, Published 9:52 a.m. Achronix is the only independent supplier of high-performance FPGAs and eFPGA IP based data acceleration solutions used in high-growth applications including AI, cloud computing, 5G, networking and automotive driver assistance The company was founded in 2020 and is based in Wilmington, Delaware. Find the latest ACE Convergence Acquisition Cor (ACEV) stock quote, history, news and other vital information to help you with your stock trading and investing. SANTA CLARA, Calif.--(BUSINESS WIRE)--Jan 7, 2021--Achronix Semiconductor Corporation, a leader in high-performance field-programmable gate arrays (FPGAs) and embedded FPGA (eFPGA) IP, and ACE Convergence Acquisition Corp. (ACE) (Nasdaq: ACEV), a special-purpose acquisition company, today announced that they have entered into a definitive agreement for a business combination that … Achronix Semiconductor Corporation, a leader in high-performance field-programmable gate arrays (FPGAs) and embedded FPGA (eFPGA) IP, and ACE Convergence Acquisition … Stockhouse.com use cookies on this site. Achronix to List on Nasdaq Through Merger With ACE Convergence. Achronix Semiconductor is an American fabless semiconductor company based in Santa Clara, California with an additional R&D facility in Bangalore, India, and an additional sales office in Shenzhen, China.Achronix is a diversified fabless semiconductor company that sells FPGA products, embedded FPGA (eFPGA) products, system-level products and supporting design tools. Achronix Semiconductor Posts FY20 Profit, Higher Revenue 4:10PM ET 2/23/2021 MT Newswires. AK&M 12 January 2021 08:56. Other major FPGA suppliers include Intel Corp. and Xilinx Inc., which has a pending deal to be acquired by Advanced Micro Devices Inc. Achronix Semiconductor Corporation, a leader in high-performance field-programmable gate arrays (FPGAs) and embedded FPGA (eFPGA) IP, and ACE Convergence Acquisition Corp., a special-purpose acquisition company, January 7 announced that they have entered into a definitive agreement for a business combination that would result in the combined … Achronix Semiconductor (Stock symbol: ACEV) 2953 Bunker Hill Lane, Suite 101 Santa Clara, CA 95054 USA 408-889-4100: Website: Company Summary: Management Team Management ... Stock Symbol: ACEV. Achronix, a semiconductor company, is merging with Ace Convergence Acquisition (NASDAQ: ACEV). Achronix is the only independent supplier of high-performance FPGAs and eFPGA IP based data acceleration solutions used in high-growth applications including AI, cloud computing, 5G, networking and... | February 19, 2021 2021-01-07 16:41 ET - News Release. Press down arrow for suggestions, or Escape to return to entry field. Achronix Semiconductor Corporation, ... Stock Details. We are excited to announce that Achronix Semiconductor Corporation and ACE Convergence Acquisition Corp. (Nasdaq: ACEV), a special-purpose acquisition company (SPAC), have entered into a definitive agreement that will result in the combined entity … Jan. 7, 2021, Santa Clara, CA – Achronix Semiconductor Corporation, maker of high-performance field-programmable gate arrays (FPGAs) and embedded FPGA (eFPGA) IP, and ACE Convergence Acquisition Corp. (ACE) (Nasdaq: ACEV), a special-purpose acquisition company, today announced that they have entered into a definitive agreement for a business combination that would … Achronix to List on Nasdaq Through Merger With ACE Convergence * Achronix is the only independent supplier of high-performance FPGAs and eFPGA IP based data acceleration solutions used in … Indie Semiconductor and Thunder Bridge Prepare for SPAC IPO Early in 2021 By Ruchi Gupta. Opens in new window. NEW YORK and LONDON, Jan. 12, 2021 /PRNewswire/ -- New Science Ventures LLC ("NSV"), a leading venture capital firm focused on building companies that leverage breakthrough science to create extraordinary value, today announces the merger of its portfolio company, Achronix Semiconductor Corporation ("Achronix"), with ACE Convergence Acquisition Corp. (ACEV) NSV is a founding investor in Achronix. “ACE is public and the stock price since we made the announcement shows good reception. Upon closing, the combined company will receive up to $330M in cash, named Achronix Semiconductor and will be listed under the ticker symbol ACHX. Achronix Semiconductor Corporation, a leader in high-performance field-programmable gate arrays (FPGAs) and embedded FPGA (eFPGA) IP, and ACE … South Korea-based private equity firm Ace Equity Partners has acquired Achronix Semiconductor Corp., a US-based fabless company, through a special purpose acquisition company (SPAC) merger. ET Achronix Semiconductor Corporation, a leader in high-performance field-programmable gate arrays (FPGAs) and embedded FPGA (eFPGA) IP, and ACE Convergence Acquisition Corp. (ACE) (Nasdaq: ACEV), a special-purpose acquisition company, today announced that they have entered into a definitive agreement for a business combination that would result in the combined entity continuing as a … Enter Company or Symbol. Achronix Semiconductor Corporation, a leader in high-performance field-programmable gate arrays (FPGAs) and embedded FPGA (eFPGA) IP today announced financial results for the year ended December 31, 2020, reporting revenue of $104.9 million and GAAP net income of $30.4 million and adjusted EBIT (non-GAAP) of $37.4 million. Achronix… Achronix expected to be listed on Nasdaq under the ticker symbol “ACHX” following an anticipated transaction close by the end of the first half of 2021. On 1/7/2021 the company announced a pending merger with Achronix Semiconductor Corporation. Thursday, January 7, 2021 (Press Release) - Achronix Semiconductor Corporation, a leader in high-performance field-programmable gate arrays (FPGAs) and embedded FPGA (eFPGA) IP, and ACE Convergence Acquisition Corp. (ACE) (Nasdaq: ACEV), a special-purpose acquisition company, today announced that they have entered into … Achronix to List on Nasdaq Through Merger With ACE Convergence. Cookies are used to offer you a better browsing experience and to analyze our traffic. Achronix to List on Nasdaq Through Merger With ACE Convergence: Achronix Semiconductor Corporation, a leader in high-performance field-programmable gate arrays (FPGAs) and embedded FPGA (eFPGA) IP, and ACE Convergence Acquisition Corp. (ACE) (Nasdaq: ACEV), a special-purpose acquisition company, today announced that they have entered into a definitive agreement for a business … Achronix to List on Nasdaq through Merger with ACE Convergence. Achronix to go public through $2.1 billion SPAC deal 2021-01-08 Markets (Reuters) – Achronix Semiconductor Corp said on Thursday it has agreed to go public through a merger with blank-check firm ACE Convergence Acquisition Corp in a $2.1 billion deal, as it … Semiconductor and Thunder Bridge Prepare for SPAC IPO Early in 2021 by Ruchi Gupta for company... 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