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Electronics Production | October 09, 2006

Cypress sale rumours are at `feverish pitch'

According to a source familiar with the matter, Cypress Semiconductor is exploring options that include taking the company private in a management-led buyout that could be valued in the billions of dollars.

Cypress itself hasn't acknowledged it is up for sale. A spokesman for Cypress declined to comment on the buyout rumours, Mercury News report.
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