Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Ambellalla (AMBA) is working with bankers to explore potential options, including a possible sale, Bloomberg’s Ryan Gould and Dinesh Nair report. The chip design company, which has a market value of about $2.3B, has reached out to potential buyers, according to people familiar with the matter, who add that the company could appeal to chip rivals interested in bolstering their automotive portfolio or private equity firms. Ambarella shares are up 19% to $61.31 in late morning trading.
Confident Investing Starts Here:
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on AMBA:
