
the podcast on
A big decision for shareholders of homegrown Kiwi tech firm Rakon.
The Auckland-based manufacturer of high-precision microchips and frequency-control components has received a takeover offer from California-based electronics manufacturer Bourns.
Bourns is offering $356 million for the business.
Rakon independent director Chris Swasbrook told Andrew Dickens it's a quiet Kiwi success story – a family business that has scaled globally.
He says Rakon builds a very clever timing technology that keeps everything from satellites to smartphones ticking, and Bourns is an international conglomerate that's looking to expand.
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