Benchmark Downgrades PMC-Sierra (PMCS) to Hold
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Skyworks to Acquire PMC-Sierra for $2 Billion in Cash
October 5, 2015 10:15 PM EDTCreates an End-to-End Connectivity, Internet Infrastructure and Hyperscale Data Center Market Leader Facilitates Client to Cloud Communications and Universal Access via Wireless or Wireline Networks Immediately Accretive to Non-GAAP Earnings Upon Close $75 Million of Annual Cost Synergies Targeted within 12 Months, Adding $0.75 of Earnings Power on an Annual Non-GAAP Basis Skyworks Expects Q4 FY15 Results to be Better Than Guidance
WOBURN, Mass. & SUNNYVALE, Calif.--(BUSINESS WIRE)-- Skyworks Solutions, Inc. (NASDAQ:... More
