Tuesday, August 15, 2006

EETimes.com - Sirenza Microdevices to buy MicroLinear for $45M

"RF component supplier Sirenza Microdevices Inc. has signed a definitive agreement to acquire fabless semiconductor company MicroLinear Corp., in a stock swap.
Under the agreement, Sirenza (Broomfield, Colo.) will issue 0.365 of a share for each share of MicroLinear (San Jose, Calif.). Based on MicroLinear's diluted shares outstanding and Sirenza's closing price on Aug. 14, the transaction is valued at $45.6 million."

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