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News
31 October 2007
RFMD’s acquisition of Sirenza approved by stockholders
The acquisition of RF component maker Sirenza Microdevices Inc of Broomfield, CO, USA by RF Micro Devices Inc of Greensboro, NC, USA (announced in August) has been approved by stockholders of both firms.
For each Sirenza share, stockholders will receive a combination of $5.56 in cash and 1.7848 shares of RFMD common stock (with cash substituted for any fractional shares).
RFMD expects the acquisition to be completed on or about 13 November, subject to satisfaction of customary closing conditions.
See related items:
RFMD’s 21% sequential growth driven by Polaris 3 shipments to Nokia and Motorola recovery
RFMD expands to accommodate cellular and multi-market demand
RFMD diversifies by acquiring Sirenza
RFMD, Skyworks and Triquint grew GaAs device market share to 55% in 2006
Visit: www.rfmd.com
Visit: www.sirenza.com
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