Power Integrations, Inc. (NasdaqGS:POWI) agreed to acquire assets of Odyssey Semiconductor Technologies (OTCQB: ODII) on May 7, 2024. As per the terms, all key Odyssey employees are expected to join Power Integrations? technology organization. Odyssey Semiconductor Technologies stockholders approved the Asset Sale. The transaction is expected to close in July 2024.

Power Integrations, Inc. (NasdaqGS:POWI) completed the acquisition of assets of Odyssey Semiconductor Technologies (OTCQB: ODII) on July 1, 2024.