Notable Mergers and Acquisitions of the Day 6/11: IDTI, DHX
- IDT (NASDAQ: IDTI) announced it has purchased the touch sensor technology assets from Leadis Technology. In addition, IDT will also acquire the Leadis Technology intellectual property and employee teams necessary to execute on the existing roadmap for continued touch sensor leadership and success. The transaction closed yesterday, June 10, 2009.
- Dice Holdings, Inc. (NYSE: DHX) today announced it has completed the purchase of substantially all of the assets of AllHealthcareJobs.com, a leading online career site dedicated to matching healthcare professionals with available career opportunities.
The purchase price consists of initial consideration of $2.8 million in cash and the issuance of 205,000 shares (with some restrictions). Additional consideration to a maximum of $1.0 million in cash is payable upon the achievement of certain operating and financial goals over the next two years.
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