Friday, November 8, 2013

Mindspeed Acquired By M/A-COM

Newport Beach-based semiconductor maker Mindspeed Technologies said this week that it has agreed to be acquired by M/A-COM Technology Solutions Holdings in a deal worth $272M. The two said that M/A-COM will pay $5.05 per share in cash for publicly held Mindspeed. Mindspeed said that, separately, it is also in "advanced discussions" with a strategic acquirer for the company's wireless business.

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