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

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 See omnystudio.com/listener for privacy information.