Home Microsemi Buys Vitesse Semiconductor For $389M
 

Keywords :   


Microsemi Buys Vitesse Semiconductor For $389M

2015-03-18 16:17:51| Semiconductors - Topix.net

Aliso Viejo-based Microsemi and Camarillo-based Vitesse Semiconductor said this morning that Microsemi has agreed to buy Vitesse, in a deal worth $389M. The two said that Miicrosemi will pay $5.28 per share for Vitesse--a 32 percent premium to Vitesse's average closing price during the last 30 trading days--and will allow the companies to offer up a broader solution to the market.

Tags: buys semiconductor vitesse microsemi

Category:Electronics and Electrical

Latest from this category

All news

»
07.11NextGen Label Group welcomes new VP of sales
07.11Genetic Symposium focusing on female reproductive success
07.11UNL commits $5 million to better measure environmental impact of cattle
07.11US cuts interest rates as Trump election raises uncertainty
07.11The Lehigh Short Course Website is Now Open
07.11Carbon Trust Verifies Four BASF Intermediates
07.11Atlantic Tropical Weather Outlook
07.11Eastern North Pacific Tropical Weather Outlook
More »