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Semiconductors / Integrated Circuits

Avago Technologies Ltd. to acquire PLX Technology Inc. for $6.50 per share in cash

 Avago Technologies Ltd. and PLX Technology Inc. announced that they have entered into a definitive agreement under which Avago will acquire PLX, a leader in PCI Express silicon and software connectivity solutions, in an all-cash transaction valued at approximately $309 million, or $293 million net of cash and debt acquired.  


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