Israel-headquartered communication chip designer and manufacturer ColorChip Ltd. is in talks with a potential Chinese buyer, two people familiar with the matter told Calcalist on condition of anonymity.
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Founded in 2001 and headquartered in northern Israeli town Yokne’am Illit, privately held ColorChip designs and manufactures communication components for telecom providers and data centers. The company was declared insolvent in 2009, letting many employees go, but managed to recover and today employs around 250 people.
ColorChip CEO Yigal Ezra. Photo: PR
ColorChip raised $112 million in total equity to date according to PitchBook, the …
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