PLX Technology News

SAN JOSE, Calif. -- -- Integrated Device Technology, Inc. , the Analog and Digital Company delivering essential mixed-signal semiconductor solutions, through a wholly owned subsidiary, is commencing today an exchange offer to acquire all outstanding shares of common stock of PLX Technology, Inc.

San Jose-based IDT is an analog and digital company that specializes in semiconductor technologies.

Alliance industry body announced that investments in semiconductor companies in April 2012 amounted to $194.2 million.

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May 2, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Tuesday, May 01.

The deal is intended to bolster Microchip's role in the market for communications chips used in a wide range of professional and networking products.

SAN JOSE, Calif. and SUNNYVALE, Calif., April 30, 2012 – Integrated Device Technology, Inc.

PLXT Alert: The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of PLX Technology, Inc.

Information provided by Theflyonthewall.com Chesapeake Energy rallied 8% after announcing it would appoint a new non-executive chairman in the near future to replace CEO Aubrey McClendon in that role.

Shares of chip designer Integrated Device Technologies Inc. plunged as much as 15 percent after it announced it would acquire PLX Technology Inc.

Phillips 66 Common Stock "When Issued" : Phillips 66 announces debut as independent downstream energy company.

Shares of the following companies are having unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 10:50 a.m. in New York.

IDT hopes to broaden its portfolio of data center interconnects, which are gaining importance in the era of cloud computing, and will also get various switches, bridges, controllers and other products widely used across the industry.

The top after-market NASDAQ gainers Monday were: PLX Technology, Kona Grill, Veeco Instruments, Central European Media Enterprises, Shutterfly and ShoreTel, Inc.

PLX Technology, Inc. , a leading global supplier of software-enriched silicon for the enterprise data center, today announced first quarter revenues of $25.4 million and a GAAP net loss of $7.4 million, or $0.17 per share .

Analog chipmaker Integrated Device Technology Inc agreed to buy PLX Technology Inc for about $330 million in cash and stock.

Chip vendor Integrated Device Technology Inc. said Monday it signed a definitive agreement to acquire connectivity chip vendor PLX Technology Inc.