Articles Tagged with ''acquisition''

GigOptix renews interest in acquiring GSI Technology

GigOptix Inc. a leading supplier of advanced high speed semiconductor components for use in long-haul, metro, Cloud connectivity, data centers, consumer electronics links and interactive applications, through optical and wireless communications networks, announced that it had sent a letter to the board of directors of GSI Technology, Inc. renewing GigOptix’ proposal to acquire all of the outstanding shares of GSI Technology’s common stock for an aggregate consideration equal to $6.50 per share.


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Harris completes acquisition of Exelis

Harris Corp. completed its previously announced acquisition of Exelis Inc. Each outstanding share of Exelis common stock converted into the right to receive $16.625 in cash and 0.1025 of a share of Harris common stock. Harris shareholders own 85 percent of the combined company and Exelis shareholders own 15 percent.


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API Technologies to acquire Cobham Inmet and Cobham Weinschel

API Technologies Corp., a leading provider of high performance radio frequency (RF), microwave, millimeter wave, power and security solutions announced it has entered into a definitive agreement with a wholly owned subsidiary of Cobham plc to acquire Aeroflex/Inmet Inc. and Aeroflex/Weinschel Inc. Inmet and Weinschel have each been in business for more than 50 years, and each manufactures and sells RF and microwave products for defense, space, avionics, wireless, and test and measurement applications.


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Microsemi Corp. to acquire Vitesse Semiconductor Corp.

Microsemi Corp. a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, and Vitesse Semiconductor Corp., jointly announced that Microsemi has entered into a definitive agreement to acquire Vitesse for $5.28 per share through a cash tender offer, representing a premium of 32 percent based on the average closing price of Vitesse's shares of common stock during the 30 trading days ended March 17, 2015.


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