Lattice Semiconductor Closes Acquisition of Silicon Image

Lattice Semiconductor has announced the closure of its acquisition of Silicon Image, at an estimated closing price of $606.6 million.

The companies announced that they had entered into an agreement in January (Lattice Semiconductor To Acquire Silicon Image For Approximately $600 Million). The transaction was funded through a combination of cash on hand and $350 million in debt financing led by Jefferies Finance LLC.