Achronix and ace convergence acquisition corp mutually agree to terminate merger agreement

Santa clara, calif., july 12, 2021 /prnewswire/ -- achronix semiconductor corporation, a leader in high-performance field-programmable gate arrays (fpgas) and embedded fpga (efpga) ip, and ace convergence acquisition corp. (ace) (nasdaq: acev), a special-purpose acquisition company focused on the industrial and information technology sectors, today announced that both companies have mutually agreed to terminate their merger agreement ("agreement"), effective immediately.
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