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Cypress Semiconductor Corporation Sends Letter To Board Of Directors...

2015-05-30 06:47:34| Semiconductors - Topix.net

Given that our proposal is financially superior, has significantly less closing risk than the consortium's proposal , and has no financing risk or conditions, Cypress asks that your board of directors immediately determine that the terms of the attached Merger Agreement constitute a "Superior Proposal" under the terms of the Agreement and Plan of Merger, dated While we have invested significant time and effort in due diligence over the past 10 days, we must express frustration as to the slow pace at which we were given access to the data room as well as the slow pace at which documents were posted.i 1 2 As we have now been shut out of the data room, we request that our access to the data room be restored as quickly as possible in order to finalize our due diligence, which we expect to complete within five days, assuming full cooperation.

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ISSI Acknowledges Unsolicited Offer from Cypress Semiconductor; Authorizes Discussions with Cypress Semiconductor

2015-05-19 12:31:08| Industrial Newsroom - All News for Today

MILPITAS, Calif.  Integrated Silicon Solution, Inc. (Nasdaq: ISSI) today acknowledged the receipt of an unsolicited offer from Cypress Semiconductor Corporation (Nasdaq: CY) to acquire all of the outstanding common stock of ISSI for $19.75 per share in cash. As previously announced, ISSI entered into an Agreement...

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Cypress Semiconductor (CY) - Investment Analysts' Weekly Ratings Updates

2015-05-18 17:41:20| IT Services - Topix.net

Several brokerages have updated their recommendations and price targets on shares of Cypress Semiconductor in the last few weeks: 5/16/2015 - Cypress Semiconductor had its "overweight" rating reaffirmed by analysts at Pacific Crest. They now have a $20.00 price target on the stock.

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Cypress Semiconductor (CY) Stock Declines Following Unsolicited Bid For Integrated Silicon

2015-05-16 22:21:27| Electronics - Topix.net

Integrated Silicon has already accepted an offer from Uphill Investment for $19.25 per share, but the company said that Cypress' offer constitutes a superior proposal and it is therefore obligated to engage in talks with Cypress as part of its duty to shareholders. Integrated Silicon shares are flat at $20.14 in trading today.

Tags: stock bid integrated silicon

 

Cypress Semiconductor Streamlines Touchscreen Design with the Application Builder and COMSOL Server(TM)

2015-05-05 12:31:13| Industrial Newsroom - All News for Today

Cypress Semiconductor, the leading supplier of touchscreen and embedded systems, augments their RD, sales, and customer support departments with the use of simulation apps. BURLINGTON, MA  RD engineers at Cypress are creating simulation apps that streamline their touchscreen design processes. Cypress Semiconductor...

Tags: design application builder semiconductor

 

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