TDK Unit Sold to Golden Gate Capital

"Irvine-based chip maker TDK Semiconductor Corp. has been sold to San Francisco investment firm Golden Gate Capital for an undisclosed sum, the companies said Monday."

"TDK Semiconductor was a unit of TDK USA Corp., the American arm of Japanese electronics conglomerate TDK Corp. TDK Semiconductor will retain its current management team and remain headquartered in Irvine, but it will be renamed, Golden Gate said."

[LA Times]