Baird Upgrades Diodes (DIOD) to Outperform
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Diodes Incorporated to Acquire Pericom Semiconductor Corporation
September 3, 2015 9:02 AM EDTPLANO, TX and MILPITAS, CA -- (Marketwired) -- 09/03/15 -- Diodes Incorporated (NASDAQ: DIOD), a leading global manufacturer and supplier of high-quality application specific standard products within the broad discrete, logic and analog semiconductor markets and Pericom Semiconductor Corporation (NASDAQ: PSEM), a worldwide supplier of high performance connectivity and timing solutions, today 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")... More