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Stock Market & Financial Investment News

News Breaks
December 19, 2012
19:21 EDTIDTI, PLXTIntegrated Device, PLX Technology announce termination of proposed transaction
Integrated Device Technology (IDTI) and PLX Technology (PLXT) announced that they have mutually agreed to terminate their merger agreement pursuant to which IDT would acquire PLX Technology. Concurrently, IDT also announced that it is withdrawing its related exchange offer to acquire all of the issued and outstanding shares of common stock, $0.001 par value, of PLX Technology and instructed Computershare, the exchange agent for the exchange offer, to promptly return all previously tendered shares. The decision to terminate the merger agreement and withdraw the exchange offer was made in response to a determination by the FTC to file an administrative complaint challenging IDT's proposed acquisition of PLX Technology and the absence of a clear path for the parties to complete the proposed transaction.
News For IDTI;PLXT From The Last 14 Days
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September 9, 2014
14:12 EDTIDTIApple confirms wireless charging for Apple Watch
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08:51 EDTIDTIIntegrated Device says 'working closely' with Intel on wireless charging
Integrated Device Technology (IDTI) announced earlier at the Intel Developer Forum that it is working closely with Intel (INTC) on the development of wireless charging solutions to accelerate the delivery and adoption of the technology. The two companies, both board members of the Alliance for Wireless Power, will define, design and manufacture solutions that comply with the A4WP magnetic resonance standard. The new technology will offer the ability to charge both lower and higher power devices, from wearables and phones to tablets and PCs. The companies expect to have their technology in products in 2015, IDT stated.
September 8, 2014
09:29 EDTIDTICraig-Hallum says Integrated Device likely in Apple iWatch
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