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Skyworks and PMC-Sierra announce amended and restated merger agreement

Skyworks Solutions Inc., an innovator of high performance analog semiconductors connecting people, places and things, and PMC-Sierra Inc., a semiconductor and software solutions leader in storage, optical and mobile networks, announced that they have entered into an amended and restated merger agreement under which Skyworks has agreed to acquire PMC for $11.60 in cash per share of PMC common stock, an increase from its previous agreement to acquire PMC for $10.50 in cash per share of PMC common stock.


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