Atheros decides u-Nav is worth $1 million per employee

December 14th, 2007, 7:42 am · Post a Comment · posted by Colin Stewart

THE PRICE OF INNOVATION

The 54 employees of Irvine-based u-Nav Microelectronics can keep improving their location-sensitive GPS chips, but they’ll be reporting to Santa Clara chip maker Atheros Communications, which announced Dec. 13 that it’s buying u-Nav for $54 million in cash and stock. Hmm, that’s a value of $1 million per employee.
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