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Zilog (ZILG) to Evaluate Strategic Alternatives; Hires Oppenheimer as Advisor

July 24, 2008 10:16 AM EDT
Zilog, Inc. (Nasdaq: ZILG) today announced that it is evaluating a broad range of strategic alternatives to enhance stockholder value. Zilog has retained Oppenheimer & Co. Inc. as its financial advisor to assist the Board of Directors with this process.

Zilog affirms its previously issued sales guidance for sequential growth of 5-8%.

ZiLOG, Inc. supplies fabless semiconductors of microprocessor and microcontroller semiconductor products.

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