Raymond James Downgrades Pericom Semiconductor (PSEM) to Market Perform

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Diodes Incorporated to Acquire Pericom Semiconductor Corporation

September 3, 2015 9:01 AM EDT

All-Cash Transaction Valued at Approximately $400 Million for Pericoms $129 Million in TTM Revenue and Approximately $129 Million of Cash Equivalents as of June 27, 2015

PLANO, Texas & MILPITAS, Calif.--(BUSINESS WIRE)-- 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... More