Micron Technology, Inc., Reports Results for the Fourth Quarter and 2015 Fiscal Year

BOISE, Idaho, Oct. 1, 2015  -- Micron Technology, Inc., (MU) today announced results of operations for its fourth quarter and 2015 fiscal year, which ended September 3, 2015. Revenues for the fourth quarter of fiscal 2015 were $3.60 billion and were 7 percent lower compared to the third quarter of fiscal 2015 and 15 percent lower compared to the fourth quarter of fiscal 2014. Revenues for fiscal year 2015 were $16.19 billion and net income attributable to Micron shareholders was $2.90 billion, or $2.47 per diluted share. Cash flows from operations were $5.21 billion for fiscal year 2015.

"We are pleased to report Fiscal Year 2015 results that include revenue of $16.2 billion, $2.72 in non-GAAP earnings per share, and $2.3 billion in dilution management activities, including convert retirements and share repurchases," stated D. Mark Durcan, Chief Executive Officer. "While fourth quarter results were impacted by continued weakness in the PC sector, we believe that memory industry fundamentals remain favorable over the long term."

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Mellanox Technologies, Ltd. Announces Definitive Agreement to Acquire EZchip

Combines highly successful teams, technologies, and products
Addresses large, growing markets, and expands opportunity within customer bases
Provides advanced, intelligent end-to-end interconnect solutions and processing capabilities that enable superior performance for data-intensive applications in Web 2.0, cloud, Big Data, telecom, secure data center, and storage
Expects accretive non-GAAP EPS impact from day one

SUNNYVALE, Calif. & YOKNEAM, Israel--- Mellanox® Technologies, Ltd. (MLNX), a leading supplier of end-to-end interconnect solutions for servers and storage systems, and EZchip (EZCH) (EZCH.TA), a leader in high-performance processing solutions for carrier and data center networks, announced today that they have entered into a definitive merger agreement under which Mellanox shall acquire 100 percent of EZchip’s outstanding ordinary shares for a cash purchase price of $25.5 per share implying a transaction value of approximately $811 million (approximately $620 million net of cash). The terms of the transaction have been unanimously approved by both the Mellanox and EZchip Boards of Directors.

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Dialog Semiconductor to acquire Atmel for $4.6 Billion

- Transforms Dialog into a global leader in both Power Management and Embedded Processing with $2.7 billion of combined revenues (1);
- Diversifies customer base across Mobile Power, IoT and Automotive markets;
- Combines leadership positions in Power Management, Microcontrollers (MCUs), Connectivity and Security to deliver comprehensive Internet of Things (IoT) platforms;
- $150 million of projected annual cost synergies expected to be achieved within two years;
- Combination is expected to be accretive to underlying EPS in 2017, the first full year following closing.

LONDON and SAN JOSE, Calif., Sept. 20, 2015 -- Dialog Semiconductor (DLG.DE) and Atmel Corporation (ATML) announced today that Dialog has agreed to acquire Atmel in a cash and stock transaction for total consideration of approximately $4.6 billion. The acquisition creates a global leader in both Power Management (2) and Embedded Processing solutions. The transaction results in a fast growing and innovative powerhouse, supporting Mobile Power, IoT and Automotive customers. The combined company will address an attractive, fast growing market opportunity of approximately $20 billion by 2019.

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Diodes Incorporated to Acquire Pericom Semiconductor Corporation

All-Cash Transaction Valued at Approximately $400 Million for Pericom's $129 Million in TTM Revenue and Approximately $129 Million of Cash Equivalents as of June 27, 2015

PLANO, TX and MILPITAS, CA--( Sep 3, 2015) - Diodes Incorporated (NASDAQ: DIOD), a leading global manufacturer and supplier of high-quality application specific standard products within the broad discrete, logic and analog semiconductor markets and Pericom Semiconductor Corporation (NASDAQ: PSEM), a worldwide supplier of high performance connectivity and timing solutions, today announced that Diodes Incorporated and Pericom have entered into an Agreement and Plan of Merger that provides for the acquisition of Pericom by Diodes.

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POET Technologies Enters into a VCSEL Manufacturing Services Agreement with ANADIGICS

TORONTO, ONTARIO and SAN JOSE, CALIFORNIA and STORRS, CONNECTICUT--(Marketwired - Aug 24, 2015) - POET Technologies Inc. (the "Company" or "POET Technologies") (TSX VENTURE:PTK)(POETF) - developer of the planar opto-electronic technology ("POET") platform for monolithic fabrication of integrated circuit devices containing both electronic and optical elements - announced today that it had entered into a VCSEL Manufacturing Services Agreement with ANADIGICS, Inc. ("ANADIGICS") (ANAD) for VCSEL process transfer and manufacturing.

The agreement is significant as it accelerates the transition from lab-to-fab and enables successful prototype demonstrations in a mature and capable manufacturing environment. "We are pleased to enter into this agreement with ANADIGICS. ANADIGICS has proven manufacturing capabilities and a long track record of innovation. Their recent entry into foundry manufacturing for VCSELs was timely for POET," said Dr. Suresh Venkatesan, Chief Executive Officer, POET Technologies.

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