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