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Tag: semiconductor
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
Microsemi to buy Vitesse Semiconductor for USD 389 million
2015-03-18 13:34:00| Telecompaper Headlines
(Telecompaper) Microsemi is acquiring Vitesse Semiconductor for USD 389 million to expand in the communications market. The two chipmakers reached a definitive agreement on the offer of USD 5.28 cash for each Vitesse share, a 32 percent on the average closing price during the 30 days prior to the announcement. Based in California, Vitesse designs high-performance semiconductors, application software, and integrated turnkey systems for carrier, enterprise and Internet of Things networks. Vitesse said that Microsemi should be able to leverage its Ethernet technology and help Vitesse scale its industrial IoT strategy. Microsemi said it expects "significant" synergies from the takeover, and Vitesse should add 16-20 cents a share in annual earnings the first year of the takeover. The company expects to complete the takeover by the end of June.
Tags: buy
million
usd
semiconductor
ON Semiconductor to Show Next Generation Power Systems in Action at APEC 2015
2015-03-17 11:31:13| Industrial Newsroom - All News for Today
LLC power supply, new developments in GaN, and motor drive control demonstrations, in addition to major involvement in the conference program Applied Power Electronics Conference (APEC) Booth 407 CHARLOTTE, NC ON Semiconductor (Nasdaq: ONNN), driving energy efficient innovations, will be showcasing some of...
Tags: show
power
action
systems
Intel Sales Warning Puts Semiconductor ETFs In Focus
2015-03-16 18:05:50| Semiconductors - Topix.net
The beginning of 2015 saw no let-off to the semiconductor rally that started last year as industry fundamentals remained strong and investors continued to prefer value-centric traditional stocks. However, the industry witnessed some pull backs on not so encouraging earnings and uninspiring guidance early last month though it rebounded once again .
Tags: sales
focus
warning
intel
Transphorm and ON Semiconductor begin production of co-branded 600V GaN cascode transistors
2015-03-16 15:55:32| Green Car Congress
Tags: production
begin
semiconductor
gan
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