Industry Expert Blogs

So what's with Actel-Microsemi?

Here in  Silicon Valley this week I found a lot of people were wondering why Microsemi, a military supplier, would want Actel.

First reason was Microsemi got it cheap. Purchase price for Actel's $200 million of annual revenues was $430 million net of Actel's $160 million cash. The per share acquisition price of about $21 compares favourably to the pre-bid share price of about $16.

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