RF Micro Devices and TriQuint Semiconductor Announce Intent to Delist RFMD and TQNT Common Stock From NASDAQ in Connection Wi...
31 Décembre 2014 - 6:30PM
RF Micro Devices, Inc. (Nasdaq:RFMD) and TriQuint Semiconductor,
Inc. (Nasdaq:TQNT) today announced they requested that The NASDAQ
Stock Market LLC suspend trading and delist RFMD and TQNT common
stock in connection with the companies' previously announced merger
of equals expected to close tomorrow. Trading in the common stock
of the new combined company, Qorvo, Inc., is expected to commence
on the NASDAQ Global Select Market on January 2, 2015, under the
stock ticker symbol "QRVO." RFMD and TriQuint also intend to
terminate their reporting obligations under the Securities Exchange
Act of 1934, as amended.
About TriQuint
Founded in 1985, TriQuint Semiconductor (Nasdaq:TQNT) is a
leading RF solutions supplier and technology innovator for the
world's top communications, defense and aerospace companies. People
and organizations around the world need real-time, all-the-time
connections; TriQuint products help reduce the cost and increase
the performance of connected mobile devices and the networks that
deliver critical voice, data and video communications. With the
industry's broadest technology portfolio, recognized R&D
leadership, and expertise in high-volume manufacturing, TriQuint
creates standard and custom products using gallium arsenide (GaAs),
gallium nitride (GaN), surface acoustic wave (SAW) and bulk
acoustic wave (BAW) technologies. The company has ISO9001-certified
manufacturing facilities in the U.S., production in Costa Rica, and
design centers in North America and Germany. For more information,
visit www.triquint.com.
About RFMD
RFMD (Nasdaq:RFMD) is a global leader in the design and
manufacture of high-performance radio frequency solutions. RFMD's
products enable worldwide mobility, provide enhanced connectivity,
and support advanced functionality in the mobile device, wireless
infrastructure, wireless local area network (WLAN or Wi-Fi), cable
television (CATV)/broadband, Smart Energy/advanced metering
infrastructure (AMI), and aerospace and defense markets. RFMD is
recognized for its diverse portfolio of semiconductor technologies
and RF systems expertise and is a preferred supplier to the world's
leading mobile device, customer premises, and communications
equipment providers. RFMD is an ISO 9001-, ISO 14001-, and ISO/TS
16949-certified manufacturer with worldwide engineering, design,
sales and service facilities. For more information, please visit
RFMD's web site at www.rfmd.com.
Forward-Looking Statements
This communication contains forward-looking statements,
including but not limited to those regarding the proposed business
combination between RF Micro Devices, Inc. ("RFMD") and TriQuint
Semiconductor, Inc. ("TriQuint") (the "Business Combination") and
the transactions related thereto. These statements discuss the
anticipated closing of the Business Combination, expected trading
of the combined company's common stock, expected termination of
reporting obligations, and similar statements. Forward-looking
statements may contain words such as "expect," "believe," "may,"
"can," "should," "will," "forecast," "anticipate" or similar
expressions, and include the assumptions that underlie such
statements. These statements are subject to known and unknown risks
and uncertainties that could cause actual results to differ
materially from those expressed or implied by such statements,
including but not limited to: satisfaction of the conditions
precedent to consummation of the Business Combination, in a timely
manner or at all; and other risks described in RFMD's and
TriQuint's Securities and Exchange Commission ("SEC") filings. All
forward-looking statements are based on management's estimates,
projections and assumptions as of the date hereof. Neither RFMD nor
TriQuint undertakes any obligation to update any forward-looking
statements.
No Offer or Solicitation
This communication is for informational purposes only and is
neither an offer to purchase, nor a solicitation of an offer to
sell, subscribe for or buy any securities, nor shall there be any
sale, issuance or transfer of securities in any jurisdiction in
contravention of applicable law. No offer of securities shall be
made except by means of a prospectus meeting the requirements of
Section 10 of the Securities Act of 1933, as amended.
Additional Information and Where to Find It
In connection with the proposed Business Combination, Qorvo,
Inc., a newly-formed holding company under RFMD ("Qorvo"), has
filed with the SEC a Form S-4 (the "Registration Statement"), which
was declared effective on July 30, 2014 and which includes a
registration statement and a prospectus with respect to Qorvo's
shares to be issued in the Business Combination. The Registration
Statement contains important information about the proposed
Business Combination and related matters. SECURITY HOLDERS ARE
URGED AND ADVISED TO READ THE REGISTRATION STATEMENT CAREFULLY. The
Registration Statement and other relevant materials and any other
documents filed by Qorvo, RFMD or TriQuint with the SEC may be
obtained free of charge at the SEC's website, at www.sec.gov. In
addition, security holders of TriQuint will be able to obtain free
copies of the Registration Statement from TriQuint by contacting
Investor Relations by mail at TriQuint Semiconductor, Inc., 2300
N.E. Brookwood Parkway, Hillsboro, Oregon 97124, Attn: Investor
Relations Department, by telephone at (503) 615-9413, or by going
to TriQuint's Investor Relations page on its corporate website at
www.triquint.com; and security holders of RFMD will be able to
obtain free copies of the Registration Statement from RFMD by
contacting Investor Relations by mail at RF Micro Devices, Inc.,
7628 Thorndike Road Greensboro, North Carolina 27409-9421, Attn:
Investor Relations Department, by telephone at (336) 678-7088, or
by going to RFMD's Investor Relations page on its corporate web
site at www.rfmd.com.
RFMD TQNT-F
CONTACT: At RFMD(R)
Doug DeLieto
VP, Investor Relations
336-678-7088
At TriQuint Semiconductor, Inc.
Grant Brown
Director, Investor Relations
+1-503-615-9413
grant.brown@triquint.com
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