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Posts Tagged ‘TriQuint Semiconductor Inc’

(Reuters) – Radio frequency chipmaker RF Micro Devices Inc will buy peer TriQuint Semiconductor Inc for about $1.6 billion in an all-stock deal to create a company that could better compete in selling chips to mobile-handset makers. TriQuint’s shares jumped 29 percent in premarket trading to $11.9, above the implied offer price of $9.73. RF […]

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(Reuters) – Activist investor Starboard Value LP asked TriQuint Semiconductor Inc to consider selling or restructuring its mobile power amplifier business, which it says is dragging down the radio frequency chipmaker’s share price. TriQuint shares rose 7 percent on the Nasdaq on Tuesday morning. Starboard said the company should focus on its networks and defense […]

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