Buy GigOptix (GIG) On Weakness - Sterne Agee

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Cowen Positive on GigOptix's (GIG) Move to Acquire Magnum Semi; Affirms at 'Outperform'

April 5, 2016 8:16 AM EDT

Cowen and Company affirms GigOptix (NYSE: GIG) with an Outperform rating and $4 price target after the company announced that acquisition of Magnum Semi on Monday night.

Analyst Wayne Loeb offered the following commentary about the deal: GIG appears to be... More

GigOptix (GIG) Enters Agreement to Acquire Magnum Semiconductor in ~$55M Deal

April 4, 2016 9:05 AM EDT

GigOptix, Inc. (NYSE: GIG) announced the signing of a definitive agreement to acquire Magnum Semiconductor, Inc.,... More