Items Tagged with 'merger'

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NSI and MI Technologies announce merger

Quadrant Management’s Ted Deinard announced that it has acquired MI Technologies LLC (MI) and will merge MI with its portfolio company NSI, joining the two premier microwave measurement companies into a single entity. This merger allows the companies to combine their resources to bring quality, cost effective products and systems to their customers.


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ANADIGICS receives acquisition offer 37 percent above GaAs Labs deal

ANADIGICS Inc. announced that, on December 15, 2015, its board of directors, after consultation with its financial and legal advisors, has unanimously determined that an offer from a third party to acquire all of the outstanding shares of ANADIGICS common stock for $0.48 per share in cash pursuant to an all-cash tender offer and second-step merger constitutes a "Superior Offer" within the meaning of the previously announced agreement and plan of merger with affiliates of GaAs Labs LLC (the “Merger Agreement”).  


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Skyworks announces termination of merger agreement with PMC-Sierra

Skyworks Solutions Inc., an innovator of high performance analog semiconductors connecting people, places and things, today announced that it decided not to modify its amended and restated merger agreement with PMC-Sierra Inc., entered into on October 29, 2015. Today PMC terminated the amended and restated merger agreement and, as a result, Skyworks is entitled to an $88.5 million termination fee from PMC.


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Skyworks and PMC-Sierra announce amended and restated merger agreement

Skyworks Solutions Inc., an innovator of high performance analog semiconductors connecting people, places and things, and PMC-Sierra Inc., a semiconductor and software solutions leader in storage, optical and mobile networks, announced that they have entered into an amended and restated merger agreement under which Skyworks has agreed to acquire PMC for $11.60 in cash per share of PMC common stock, an increase from its previous agreement to acquire PMC for $10.50 in cash per share of PMC common stock.


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