Acquicor Technology

Acquicor Technology

Acquicor Technology Inc is a company jointly founded by Gil Amelio, Steve Wozniak and Ellen Hancock, all of whom have worked for Apple Computer. Acquicor is a "blank check" company that will not make or sell any products, but rather seeks acquisitions in the technology sector.

On March 14, 2006 Acquicor raised $150 million ($172.5 with Greenshoe) in an initial public offering (IPO) on the American Stock Exchange, and trades under the ticker AQR. Amelio has been named chairman and CEO of the new company.

On September 26, 2006, it was announced that Acquicor had acquired Jazz Semiconductor Inc. for $260 million. [ [http://washington.bizjournals.com/sanjose/stories/2006/09/25/daily49.html Wozniak, Apple alums buy semiconductor company for $260M - Silicon Valley / San Jose Business Journal: ] ]

On June 11, 2007 it was announced that Hancock had left, and there were no plans to replace her. [ [http://www.jazztechnologies.com/phoenix.zhtml?c=148731&p=irol-newsArticle&ID=1013938&highlight= Jazz Technologies - News Release ] ]

According to the website Acquicor.com, Acquicor has changed its name to Jazz Technologies, Inc. As of February 21, 2007, it trades on the AMEX stock exchange under the ticker symbol JAZ.

References

External links

* [http://acquicor.com Acquicor website]
* [http://www.microcontroller.com/news/Acquicor_jazz.asp "Acquicor Purchases Jazz Semiconductor", Septermber 2006]
* [http://www.thestreet.com/_tscs/tech/internet/10274388.html TheStreet.com, "Acquicor Tech Enjoys Apple's Halo", 20 March 2006]
* [http://www.macminute.com/2006/03/15/apple-execs-new-company/ MacMinute, * [Former Apple executives form new company", 15 March 2006] MacMinute
* [http://www.eetimes.com/showArticle.jhtml?articleID=181503967 EE Times, "Ex-Apple execs form 'blank check' company", 15 March 2006]
* [http://pro.edgar-online.com/ipo/displayFundamentals.asp?cikid=684476&fnid=46279&IPO=1&coname=ACQUICOR+TECHNOLOGY+INC&ticker= Edgar Online - Acquicor IPO]
* [http://www.investors.com/editorial/IBDArticles.asp?artsec=17&artnum=1&issue=20060303 Investors.com, "Amelio And Wozniak Seek A 'Blank Check", 3 March 2006]


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