Lawmakers Urge Rejection of Lattice Semi Takeover
Dylan McGrath, EETimes
12/6/2016 02:50 PM EST
SAN FRANCISCO—A group of U.S. lawmakers has written a letter to Treasury Dept. Secretary Jack Lew urging him to reject the proposed acquisition of programmable logic supplier Lattice Corp. by an investment firmed with ties to China’s central government, saying it represents a threat to U.S. semiconductor leadership.
The letter, authored by Representative Mark Pittenger and signed by 22 members of Congress, warns that the acquisition of Lattice by Canyon Bridge Partners would “distort the market and undermine the innovation system.”
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