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Sage, Inc. acquires Faroudja, Inc.

Sage (NASDAQ: SAGI), a supplier of digital display processors, and Faroudja (NASDAQ: FDJA), a provider of video processing technologies, announced that they have signed a definitive agreement for Faroudja to merge into a wholly owned subsidiary of Sage in a stock-for-stock transaction. Chandra Reddy leads the combined organization.

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