Asia Dealbook: Sony buys Altair for $200m; Adways invests in Daylight Studios; mPrest raises $20m

Visual of Altair Semiconductor homepage. February 2016

In a bunch of recent venture capital and strategic deals in Asia, Sony has acquired Altair Semiconductor while Tokyo-based Adways has invested in Daylight Studios and defence contractor mPrest has secured a $20-million Series A investment.

Altair Semiconductor acquired by Sony for $200m

Israeli chip manufacturing startup Altair Semiconductor has been acquired by Sony for $200 million. Altair was incepted in 2005 by co-founders Eran Eshed, Oded Melamed, and Yigal Bitran, following the acquisition of their prior venture, Libit Signal Processing, in a $365 million deal in 1999.

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