Microsemi køber PMC-Sierra
Microsemi's køb af PMC-Sierra er nu faldet endelig på plads (in english).
Microsemi Corporation , a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, and PMC-Sierra, Inc., a semiconductor and software solutions leader in storage, optical and mobile networks, have announced that they have entered into a definitive agreement under which Microsemi will acquire PMC for $9.22 in cash and 0.0771 of a share of Microsemi common stock for each share of PMC common stock through an exchange offer. The transaction is valued at approximately $2.5 billion and represents a 77.4 percent percent premium to the closing price of PMC's stock as of Sept. 30, 2015.- We are pleased PMC has accepted our compelling strategic offer, which clearly benefits shareholders of both Microsemi and PMC. We can now shift our focus to realizing the significant synergies identified during our comprehensive analysis, says James J. Peterson, Microsemi's chairman and CEO.
- As we have previously stated, this acquisition will provide Microsemi with a leading position in high performance and scalable storage solutions, while also adding a complementary portfolio of high-value communications products. As we integrate the team and drive profitability, our combined company will benefit from increased scale, industry-leading margins, diversified market exposure, consolidated infrastructure and substantial cost savings.
