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STANDARD MICROSYSTEMS CORP (SMSC)
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Create: Alert |
All | News | Filings
| Date Filed | Type | Description |
| 01/10/2011 |
8-K
| Acquisition/merger/asset purchase announced|
Docs:
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"Agreement and Plan of Merger, by and between Standard Microsystems Corporation, Merger Sub, and Comet Systems, Inc.",
"SMSC to Acquire Conexant Systems, Inc. Hauppauge, New York and Newport Beach, California – January 10, 2011 - SMSC , a leading semiconductor company providing Smart Mixed-Signal Connectivity™ solutions, and Conexant Systems, Inc. , a leading supplier of innovative semiconductor solutions for imaging, audio, embedded modem, and video surveillance applications, today announced the signing of a definitive agreement under which SMSC will purchase all of the outstanding shares of Conexant in a stock and cash transaction valued at approximately $284 million including the assumption of Conexant’s net debt. The transaction has been approved by the boards of directors of both companies. Combined Company Highlights:" |
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