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Tag: microsemi
Microsemi and Marvell Collaborate to Simplify Synchronous Ethernet Designs for Packet Switched Networks
2015-03-19 11:31:11| Industrial Newsroom - All News for Today
Two industry-leading companies come together to provide proven G.8262-compliant solution for faster time to market ALISO VIEJO, Calif. Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, and Marvell (NASDAQ:MRVL)-a...
Tags: networks
designs
ethernet
switched
Chipmaker Microsemi Adds Vitesse in $389 Million Cash Deal
2015-03-18 18:21:51| Electronics - Topix.net
Terms of the deal call for Aliso Viejo, Calif.-based Microsemi to pay $5.28 in cash for each Vitesse share, a premium of 35.7% to the target's Tuesday close. The agreement gives Vitesse until April 7 to solicit superior proposals and gives Microsemi the right to match any superior proposal or receive a termination fee under certain circumstances.
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
Microsemi Introduces Second Generation Highly Secure 64GB Solid State Drive
2015-03-17 16:10:13| Semiconductors - Topix.net
With data security threats increasing, Microsemi specifically designed its latest SSD for market applications where data protection is of the utmost importance. It overcomes malicious attack concerns with Microsemi's unique factory firmware lockdown technology to prevent covert firmware repurposing.
Tags: state
drive
highly
generation
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