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Skyworks to Acquire PMC-Sierra for $2 Billion

2015-10-06 15:23:20| Semiconductors - Topix.net

Skyworks Solutions, a chip supplier for Apple., has agreed to buy PMC-Sierra in a $2 billion all-cash deal, as the semiconductor company seeks to strengthen its market position. Skyworks said it would pay $10.50 a share for semiconductor and software-solution developer PMC, a 37% premium to PMC's closing price of $7.69 on Monday.

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Category:Electronics and Electrical

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