‘TDK wants Apple supplier InvenSense inherit’
The Japanese electronics manufacturer TDK would InvenSense want to take over. InvenSense is a U.s. chipmaker that motion provides to Apple and Samsung.
That reports Reuters, based on anonymous sources familiar with the plans. TDK would be $ 12 per share offer, but the deal was not yet around. The negotiations are still maintained, and the terms and conditions may still change.
The companies hope for the end of the month, the negotiations around, add the anonymous sources added. Both TDK as InvenSense have not yet responded.