Other Assets

Other assets consisted of the following at September 30:



	2013		2012
	(in thousands)
Restricted assets	$	811	$	239
Deposits to foundry for capacity	—		3,500
Investment in Giantec	—		4,025
Other investment	1,684		2,000
Nanya common stock	—		14,752
Nanya private placement shares	10,920		11,042
Other	3,164		3,319
	$	16,579	$	38,877

The Company has various deposits including deposits with suppliers for purchase guarantees and for customs clearance. These deposits are included in restricted assets.

In September 2012, the Company invested approximately $27.1 million in Nanya, which was comprised of common shares which are classified as available-for-sale securities and private placement shares which are accounted for on the cost-basis. The Company accounts for the private placement shares it acquired in Nanya on the cost-basis as these securities are restricted and the restrictions do not terminate within one year of the reporting date. In addition, as of September 30, 2013, the Company had pledged $5.4 million of its Nanya private placement shares with Nanya as collateral for the Company's accounts payable. During fiscal 2013, the Company reclassified its common shares in Nanya to short-term investments as the Company's intent is to sell these shares within one year.

In March 2012, the Company made an equity investment of $2.0 million in a private technology company headquartered in Hong Kong. At September 30, 2013, the Company's ownership interest was approximately 31%. This investment is accounted for under the equity method and the Company's results include its percentage share of such company's results of operations in interest and other income (expense), net.

On December 30, 2010, Giantec received an additional direct investment of $4.0 million from outside investors, and as a result the Company’s ownership interest was reduced to approximately 44% and the Company was required to deconsolidate Giantec and to record its retained interest in Giantec at fair value at the date of deconsolidation. As the additional investment received by Giantec was from new investors, the Company used the price paid by the new investors as a basis for determining the fair value of its investment in Giantec. As a result, the Company recorded a loss of approximately $30,000 in “Interest and other income, net,” which was the difference between the fair value of the Company’s retained interest in Giantec, and the carrying value of Giantec’s net assets and noncontrolling interest before the deconsolidation. In August 2011, the Company sold approximately 37% of its shares in Giantec for $2.2 million resulting in no gain and on August 31, 2011, Giantec merged with Maxllent Corp. thereby reducing the Company's ownership interest in Giantec to approximately 19.85%. In fiscal 2013, the Company sold its remaining investment in Giantec for approximately $4.3 million which resulted in a pre-tax gain of approximately $0.2 million. The Company's consolidated financial statements reflect accounting for Giantec on a consolidated basis from January 1, 2010 through December 30, 2010. For the period from December 31, 2010 through August 31, 2011, the Company accounted for Giantec on the equity method and the Company's results included its percentage share of Giantec’s results of operations in interest and other income, net. From September 1, 2011 until the sale of its investment in June 2013, the Company accounted for Giantec on the cost basis and its investment in Giantec was included in other assets on the Company's balance sheets.