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Slide #65. Exar Corporation — Cadeka Microcircuits
Exar Corporation (EXAR)
Exar Corporation (Nasdaq: EXAR), a leading provider of high-performance analog mixed-signal products and data management solutions, today announced that it has acquired Cadeka Microcircuits. The transaction, which closed on Friday, July 5, 2013, includes $29.0 million in initial consideration to be paid in a combination of cash and stock, and an earn-out against net revenues contributed by Cadeka.
Exar designs, develops and markets analog mixed-signal integrated circuits and sub-system products for the industrial and embedded systems, consumer and infrastructure markets. Co.'s product portfolio includes connectivity, power management, high performance analog, communications, processors, flat panel display and LED lighting. Co.'s connectivity products serve data and telecommunications, networking and storage, industrial control and embedded applications. Co.'s high performance analog products include hybrid amplifiers and high speed converters. Co.'s communication products include mixed signal clock and data recovery circuits, transceivers, protocol framers and service mappers.
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Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
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