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News Breaks
January 14, 2013
08:16 EDTSILCSilicom to distribute dividend of up to 50% of annual distributable profits
Silicom announced that its Board of Directors has adopted a policy for distributing dividends, subject to all applicable laws. According to this policy, each year the company will distribute a dividend of up to 50% of its annual distributable profits.
News For SILC From The Last 14 Days
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September 30, 2015
11:35 EDTSILCSilicom to acquire ADI Engineering
Silicom announced that it has entered into a definitive agreement to acquire ADI Engineering, a privately-held, US-based provider of high performance, high-quality, first-to-market Intel-based products targeted at the SDN, NFV, IoT, Cloud computing and Virtualization trends. Under the terms of the agreement, Silicom will pay ADI's stockholders $10 million in cash at closing, and an additional consideration subject to the attainment of certain future performance milestones. The transaction has been approved by the Boards of Directors of both companies and is subject to customary closing conditions. The transaction is expected to close in the fourth quarter of 2015. Silicom expects the acquisition to be accretive to earnings per share on a non-GAAP basis.

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