Microsemi outbids Skyworks for PMC-Sierra
Microsemi has trumped Skyworks’ offer for PMC-Sierra. Microsemi is offering $2.4 billion compared eith Skyworks’ $2billion. Microsemi’s offer is 50% above PMC’s share price before the Skyworks offer. “This acquisition will provide Microsemi with a leading position in high performance and scalable storage solutions targeted for data centre and cloud applications, while also adding a ...
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