Advertise Here

Office Hours

Synaptics paid $15 million in June when it purchased N. Idaho startup Pacinian

Back in June this year Silicon Valley input-interface company Synaptics Inc. acquired North Idaho startup Pacinian. The company has designed very thin and very responsive keypads and input devices.

At the time the purchase price wasn't disclosed.

The latest Synaptics 10-Q lists the price as $15.0 million. But shareholders, including several area venture fund investors, will also stand to get additional returns under some “contingency” events listed in the deal.

Up to $11.9 million more would go to former stockholders based on the number of units using the ThinTouch design that are shipped.  For instance, Synaptics states that $5.0 million will be paid to former Pacinian stockholders upon “customer acceptance of a ThinTouch product,” and up to $10.0 milloin of additional consideration based on a “certain rate for each unit shipped” using ThinTouch technology through June 2016.

Our take: let's pull for ThinTouch. Any cash coming here from Synaptics will be a nice bit of stimulus funding.


Please keep it civil. Don't post comments that are obscene, defamatory, threatening, off-topic, an infringement of copyright or an invasion of privacy. Read our forum standards and community guidelines.

You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus
« Back to Office Hours

Get blog updates by email

About this blog

The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.

Sign up for our business email newsletter
Latest comments »

Read all the posts from recent conversations on Office Hours.


John Stucke John Stucke is a deputy city editor who helps build local news coverage and writes about health care, bankruptcy and rural affairs.

Recent work by John

Alison Boggs (@alisonboggs) Online Producer Alison Boggs posts and manages content on and its social networking accounts.

Recent work by Alison

Scott Maben Scott Maben is a Deputy City Editor who covers North Idaho news and higher education.

Addy Hatch is the city editor, and formerly was business editor.

Search this blog
Subscribe to this blog
Advertise Here