Business Wire: Tessera acquires Siimpel, a provider of MEMS-based AF actuator for camera phones. Tessera will pay approximately $15M in cash, subject to various standard closing conditions. Tessera does not anticipate a revenue contribution in the second quarter of 2010 from this acquisition.
Founded in 2000, Siimpel has 42 employees and is headquartered in Arcadia, CA. The company has 65 patents and patent applications for its technology.