Monument, CO (PRWEB) July 25, 2012
Global Technology Management Group, LLC. (“GTechMG”) released their Ramtron Valuation Report at 5 PM MDT on July 24, 2012. GTechMG’s Ramtron Valuation Report is an independent third-party valuation of Ramtron International Corporation. This report demonstrates that Cypress Semiconductor Corporation’s offer of approximately $94 million for Ramtron is a “Low-Ball” offer that represents less than 50% of Ramtron’s value.
Cypress is promoting its offer based upon a reported 48% share price premium. Tim Sullivan, Managing Partner at GTechMG commented, “Cypress has made a wise strategic choice to focus on the share price premium instead of the price offered to acquire Ramtron. A detailed examination of Ramtron’s books shows that Cypress’ offer of about $94 million represents a net price paid of roughly $30 million for Ramtron. This is a bargain for a firm that has generated $298.8 million in revenues for the past 5 years delivering a cumulative net income of $7.5 million.”
Cypress has stated it believes its offer represents a full and fair value of Ramtron. GTechMG’s valuation analysis challenges this belief. Mr. Sullivan stated, “Our analysis shows that Cypress’ offer is in the acceptable range for one of Ramtron’s 3 key assets. Full value of Ramtron must include the FRAM products business, FRAM and FRAM related Intellectual Property, and other assets. Our Ramtron Valuation Report shows that Ramtron’s full value is more than 2 times the Cypress offer.”
GTechMG’s Ramtron Valuation Report is a thorough examination of publicly available information about Ramtron, Cypress, and markets that these firms serve. This report includes sections on the history of Ramtron, a FRAM technology overview, a review and assessment of Ramtron’s current state and corporate strategy, an analysis of markets that Ramtron serves, a detailed review of Ramtron’s financials, a valuation figure for Ramtron based on all assets, and a list of firms that are potential buyers of Ramtron. The Ramtron Valuation Report is offered with Single-User and Multi-User Corporate License options for $3490 and $7100, respectively. Contact Global Technology Management Group, LLC at +1.719.219.6790 for more details or to purchase this report.
About Global Technology Management Group, LLC:
Global Technology Management Group, LLC (“GTechMG”) is a full service business consultancy that serves the electronic components market. GTechMG’s “knowledge and experience” in the electronic components industry makes it uniquely qualified to provide customers with a range of services including Corporate Strategy, Business Development, Monetization of Intellectual Property, Mergers & Acquisition Guidance, Talent Management, Market Analysis, Product Development, and Sales Channel Optimization.