Recently Microsemi Corp. (MSCC) completed its acquisition of Vitesse Semiconductor Corp. (VTSS), which resulted in organic growth and secured record bookings. Microsemi also announced that it entered into another agreement to acquire PMC-Sierra. (PMCS). Last October PMC merged with Skyworks Solutions Inc. (SWKS) to which Skyworks would acquire all of the outstanding shares of PMC common stock for $11.60 per share in an all-cash transaction.
Microsemi is a designer, manufacturer and marketer of high-performance analog and mixed-signal semiconductor solutions differentiated by power, security, reliability and performance. The company's semiconductors manage and control or regulate power, protect against transient voltage spikes and transmit, receive and amplify signals. The company delivered impressive fiscal third quarter results. Continue Reading »