Around the web news tagged PMC-Sierra

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2 Nov 2015

PMC-Sierra rejects rival takeover bid From Microsemi (Nov 2)

PMC-Sierra said Microsemi's $2.35 billion takeover offer wasn't superior to a bid from Skyworks Solutions because the Skyworks deal "provides more value certainty to shareholders" than the Microsemi proposal, which was "nominally higher."

6 Oct 2015

Skyworks to acquire PMC-Sierra for US$2 billion in Cash (Oct 5)

Skyworks Solutions has announced a definitive agreement under which Skyworks will acquire PMC for US$10.50 per share in an all-cash transaction valued at approximately US$2 billion. This acquisition solidifies Skyworks' position as a highly diversified analog, RF and mixed signal semiconductor leader.

2 Oct 2015

Chipmaker PMC-Sierra said to hire financial adviser for sale (Oct 1)

PMC, which is based in Santa Clara, California, is being pitched to other semiconductor companies, rather than private-equity firms.

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