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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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May 27, 2015
06:34 EDTIDTIIntegrated Device's wireless charging technology featured in LGs new smartphone
Integrated Device IDT wireless power receiver has been integrated into smartphone maker LG's flagship G4 model. LGs new G4 has IDTs P9025A chip built into the motherboard. LG previously chose an IDT chip to deliver wireless charging in the prior generation G3 smartphone.
May 24, 2015
16:16 EDTIDTIIntegrated Device to host analyst day
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May 21, 2015
16:11 EDTIDTIIntegrated Device and EPC partner for new semiconductor material
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