Pericom Semiconductors

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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EileenTeahon

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Pericom Semiconductors

posted on Sep 04, 2015 09:17AM

A harbinger of things to come......?

http://www.thestreet.com/story/13277034/1/pericom-semiconductors-psem-stock-soars-on-400-million-sale-to-diodes.html

NEW YORK (TheStreet) -- Pericom Semiconductors (PSEM - Get Report ) stocks is advancing by 37.44% to $16.74 in mid-morning trading on Thursday, after the company agreed to sell itself to fellow semiconductor company Diodes (DIOD ) for $400 million.

Pericom shareholders will receive $17 in cash per share, a 40% premium to the closing price on September 2

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