GigCapital, Inc. (GIG:NYSE) jumped higher at $9.75, a gain of 100%.
About GigCapital, Inc. (GIG:NYSE)
GigPeak, Inc. provides semiconductor ICs and software solutions for high-speed connectivity and video compression over the network and the cloud. The company designs, develops, and supplies analog, digital, and mixed signal components to enable high speed information streaming over the telecom networks, datacom infrastructure, and consumer electronics links. It offers a portfolio of modulator drivers and transimpedance amplifiers, and driver solutions to interface with the Lithium Niobate and Indium Phosphide optical modulators; optical, analog, and mixed signal solutions for high-speed data transmission products; wireless RF and MMIC products, including integrated broadband transceivers, transmitters, receivers, amplifiers, power detectors, and delay elements for microwave, millimeter- wave, and GNSS applications; and structured ASIC products to low geometry high end standard cells. The company's industrial product line provides various digital and mixed-signal application specific integrated circuit solutions for industrial applications used in the military, avionics, medical, and communications markets. It markets and sells its products in Asia, North America, Europe, and internationally through direct sales force, distributors, and sales representatives. The company was formerly known as GigOptix, Inc. and changed its name to GigPeak, Inc. in April 2016. GigPeak, Inc. was founded in 2007 and is headquartered in San Jose, California.
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