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PMC accepts improved takeover bid from Skyworks
2015-11-02 09:43:00| Telecompaper Headlines
(Telecompaper) Chipmaker PMC-Sierra has accepted an improved all cash acquisition bid from Skyworks Solutions after determining that a rival cash and stock offer from Microsemi was inferior. Under the amended and restated merger agreement with Skyworks, the latter will pay USD 11.60 per share, an increase on the 5 October agreement of USD 11.50 per share. The amended agreement also provides for a USD 88.5 million termination fee, compared to USD 70 million in the first agreement. Microsemi had offered to acquire PMC for USD 8.75 in cash and 0.736 of a share of Microsemi common stock per share of PMC common stock. Microsemi then improved its offer to USD 9.04 in cash and 0.771 of a share, but the risk of a decline in Microsemi's share price would make its offer inferior. The boards of Skyworks and PMC have approved the amended merger agreement. Skyworks intends to fund the acquisition with cash on hand from the combined companies and with fully committed debt financing. The transaction is expected to close in the first half of 2016, subject to PMC shareholder approval, regulatory approval and other customary closing conditions.
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TRIM MicroSol 690XT Receives Pratt & Whitney Approval: PMC 9293
2015-06-23 12:31:11| Industrial Newsroom - All News for Today
Perrysburg, Ohio Master Chemical Corporation is very pleased to announce that TRIM MicroSol 690XT has gained the Pratt and Whitney approval PMC 9293 for contact with gas turbine engine parts made from steels, stainless steels, nickel-based alloys, cobalt-based alloys, aluminum, magnesium, titanium, and titanium...
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whitney
Technip wins PMC services contract for Abu Dhabi Nasr Phase II project
2014-11-17 01:00:00| Offshore Technology
French engineering firm Technip has secured a contract from Abu Dhabi Marine Operating Company (ADMA-OPCO) to support the Nasr Phase II full field development project.
Tags: services
project
contract
phase
Adani selects Parsons Brinckerhoff as PMC for North Galilee Basin Rail project
2014-11-03 01:00:00| Railway Technology
Engineering and design firm Parsons Brinckerhoff has been selected by India-based Adani Mining as the project management consultant (PMC) for its Carmichael coal, port and rail project in the Galilee Basin in western Queensland, Australia.
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project
rail
basin
Rugged 3U VPX Carrier Cards aid PMC or XMC integration.
2014-07-30 14:32:01| Industrial Newsroom - All News for Today
Used for interfacing PMC or XMC module to VPX computer system, VPX4810 and VPX4812 route power and interface bus signals to plug-in mezzanine module through VPX card slot connector. Both have 8-lane PCIe bus Gen 2 interface and support any standard IEEE-1386.1 module for flexibility to address I/O signal processing tasks. While VPX4810 has 64 I/O lines (P14, VITA 46.9) supported via P2 VPX connector, VPX4812 I/O is supported via P16 XMC connector. This story is related to the following:Computer Hardware and PeripheralsSearch for suppliers of: Interface Cards |
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