TowerJazz seeks acquisitions

Mark LaPedus, EETimes
2/3/2011 6:51 PM EST

SAN JOSE, Calif. - At a recent event, Russell Ellwanger, CEO of TowerJazz Inc., disclosed that the specialty foundry vendor is looking to make an acquisition, according to the company.

Israel’s TowerJazz has $200 million in ‘’pro-forma cash to enable M&A deals,’’ Ellwanger said at an event.

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