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Stock Market & Financial Investment News

News Breaks
March 30, 2012
16:06 EDTADIAnalog Devices acquires Multigig
Analog Devices announced that it has acquired Multigig, a company specializing in high-performance clocking technology. The acquisition will enhance ADI's clocking capabilities in stand-alone and embedded applications. Analog Devices acquired Multigig in a cash transaction completed on March 30. The engineers will become part of ADI's existing clock design team and will move to ADI's San Jose, CA facility.
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July 22, 2014
07:08 EDTADIAnalog Devices completes tender offer for Hittite Microwave shares
Analog Devices (ADI) announced it has completed its tender offer to purchase all outstanding shares of common stock of Hittite Microwave Corporation (HITT) for $78.00 per share in cash, and ADI has accepted for payment and will promptly pay the depositary for all validly tendered shares. ADI expects to complete the acquisition of Hittite Microwave later today and will issue a press release to notify stakeholders. The tender offer expired at 12:00 midnight, New York City time, at the end of July 21, 2014. As of the expiration of the tender offer, 23,291,991 shares of Hittite Microwave common stock had been validly tendered and not validly withdrawn, representing approximately 74.2% of Hittite Microwave’s outstanding shares of common stock.
July 16, 2014
18:02 EDTADIEducation Realty to replace Hittite Microwave in S&P 600 as of 7/21 close
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