Parade Technologies, Ltd. · TPEX:4966

Parade Technologies — Merger or Acquisition (June 2015)

11 slides from Parade Technologies's merger presentation, Jun 11, 2015

  1. Slide 1: Parade to Acquire Cypress's TrueTouch Mobile Business

    Investor Presentation Parade to Acquire Cypress’s TrueTouch Mobile Business June 11, 2015

  2. Slide 2: Safe Harbor Notice

    Safe Harbor Notice This presentation includes forward-looking statements. All statements, other than statements of historical facts, that address activities, events or developments that Parade Technologies Ltd. expects or anticipates will or may occur in the future (including but not limited to proj

  3. Slide 3: Transaction Overview

    Transaction Overview Business  Cypress’s TrueTouch® Mobile touchscreen controller Acquired business Consideration  Purchase price of $100 million, paid in cash at closing Sources of  $100 million from cash on hand Financing Approval  No shareholder approval required Process  No HSR (US anti-tru

  4. Slide 4: Transaction Rationale

    Transaction Rationale  Expands market position and brings touch-sensing expertise to display market  Establishes a technology leader for next-generation display- touch integration solutions  Improves the operational efficiency of supply chain  Diversifies revenue and scales up Parade across mult

  5. Slide 5: TrueTouch Business Acquired

    TrueTouch Business Acquired Business Overview Markets Wearables, GPS, Employees: Digital Cameras,  ~100 total employees etc. Smartphones Locations:  San Jose, CA; Lynnwood, WA; China; Taiwan; Tablets, E-Readers Korea; and Japan and Notebooks Business Attributes: Selected Current Customers  Busine

  6. Slide 6: TrueTouch Technology Features

    TrueTouch Technology Features Unmatched IP portfolio of hundreds of capacitive touch-sensing patents Passive Stylus, Hover Plus market-leading noise immunity, and Glove features… AMS and Waterproofing… Display Integration Passive Stylus Charger + Display Noise Immunity for FHD Screens Finger, No Thi

  7. Slide 7: Expanding Served Addressable Market

    Expanding Served Addressable Market The acquisition of Cypress’s TrueTouch business substantially expands Parade’s SAM through the $2.6 billion touch controller market  Moreover, the combination enables roadmap for touch and display integration, allowing increased penetration of those markets Parad

  8. Slide 8: Roadmap for Touch Display Driver Integration (TDDI)

    Roadmap for Touch Display Driver Integration (TDDI)  Combination of display technology leader with state-of-the-art touch-sensing business positions Parade for TDDI platforms  Integration benefits including shorter time-to-market for customers, thin panels, and improved touch experiences through s

  9. Slide 9: Combination of Technology Leaders Enabling TDDI

    Combination of Technology Leaders Enabling TDDI  TrueTouch’s market-leading touch solution, when paired with Parade’s display technology, positions Parade to lead in TDDI Vendor Display and Touch Capabilities Display + Touch Vendor Display Touch Integration Parade (Current)  Cypress TrueTouch  Pa

  10. Slide 10: Simplifying Industry Supply Chain

    Simplifying Industry Supply Chain  Combination simplifies the industry supply chain, significantly reducing resources required to support multitude of touch module platforms  Design and customer focus shifts from touch module providers to LCD panel makers LCD Panel Touch Module IC Suppliers Makers

  11. Slide 11: Q&A

    Q&A 10

Parade Technologies — Merger or Acquisition (June 2015) on 6ix