A big decision for shareholders of homegrown Kiwi tech firm Rakon. 

The Auckland-based manufacturer of high-precision microchips and frequency-control components has received a takeover offer from California-based electronics manufacturer Bourns. 

Bourns is offering $356 million for the business. 

Rakon independent director Chris Swasbrook told Andrew Dickens it's a quiet Kiwi success story – a family business that has scaled globally. 

He says Rakon builds a very clever timing technology that keeps everything from satellites to smartphones ticking, and Bourns is an international conglomerate that's looking to expand. 

LISTEN ABOVE 

A big decision for shareholders of homegrown Kiwi tech firm Rakon.&nbsp;
The Auckland-based manufacturer of high-precision microchips and frequency-control components has received a takeover offer from California-based electronics manufacturer Bourns.&nbsp;
Bourns is offering $356 million for the business.&nbsp;
Rakon independent director Chris Swasbrook told Andrew Dickens it's a quiet Kiwi success story – a family business that has scaled globally.&nbsp;
He says Rakon builds a very clever timing technology that keeps everything from satellites to smartphones ticking, and Bourns is an international conglomerate that's looking to expand.&nbsp;
LISTEN ABOVE&nbsp;

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Don't miss a thing while you're on holiday, with Newstalk ZB Holiday Breakfast. We deliver the best in news, views and opinion to keep Kiwis informed and entertained while you're on the road, at the bach, or relaxing at home.

Don't miss a thing while you're on holiday, with Tim Dower and Newstalk ZB Holiday Breakfast.

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Chris Swasbrook: Rakon Independent Director on the takeover bid from US company Bourns

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d5333612-2ce0-43ba-8e0d-b3d001433db7/transcript