The board of directors for both companies have unanimously approved this transaction which will achieve a minimum of
The new company will have a new name and shared leadership team to "reflect the nature of this transaction as a merger of equals." The press release states that
The press release reads, "This transaction combines complementary product portfolios, featuring power amplifiers (PAs), power management integrated circuits (PMICs), antenna control solutions, switch-based products and premium filters - and leverages these to deliver the industry's most comprehensive portfolio of high-performance mobile solutions. It will also strengthen the combined company's service to the infrastructure and defense/aerospace industries and enable advanced gallium nitride (GaN) solutions for additional markets and applications."
Investors and the general public can access more information on the merger at triquint.com/infographic.
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