Sidoti Downgrades Pericom Semiconductor (PSEM) to Neutral
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Raymond James Downgrades Pericom Semiconductor (PSEM) to Market Perform
September 4, 2015 7:59 AM EDTRaymond James downgraded Pericom Semiconductor (NASDAQ: PSEM) from Outperform to Market Perform.
For an analyst ratings summary and ratings history on Pericom Semiconductor click here. For more ratings news on Pericom Semiconductor click here.
Shares of Pericom Semiconductor closed at $16.77 yesterday.
... MorePericom Semiconductor (PSEM) to Resume Trading at 9:50 AM
September 3, 2015 9:32 AM EDTPericom Semiconductor (NASDAQ: PSEM) to Resume Trading at 9:50 AM
... MoreChipmaker Diodes to buy Pericom in $400 million deal
September 3, 2015 9:21 AM EDT(Reuters) - Chipmaker Diodes Inc (NASDAQ: DIOD) said it would buy Pericom Semiconductor Corp (NASDAQ: PSEM) in a deal valued at about $400 million to boost its analog and mixed-signal chip businesses.
Pericom shares jumped 37.4 percent to... More
Diodes (DIOD) to Acquire Pericom Semi (PSEM) in $400M Cash Deal
September 3, 2015 9:01 AM EDT(Updated - September 3, 2015 9:03 AM EDT)
Diodes (NASDAQ: DIOD) and Pericom Semiconductor Corporation (NASDAQ: PSEM)announced that Diodes Incorporated and Pericom have entered into an Agreement and Plan of Merger that provides for the acquisition of Pericom by Diodes.
Highlights of the transaction include:
Combined trailing twelve months ("TTM") reported revenue of approximately $1.0 billion and gross profit of approximately $337 million;Expected to be immediately accretive to Diodes' GAAP earnings per share;Strengthens Diodes' analog product offering and adds an extensive mixed-signal connectivity... More