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	<title>Stock Blog Hub &#187; Silicon Storage Technology Inc</title>
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		<title>(MCHP) Microchip Technology Acquires Silicon Storage</title>
		<link>http://www.stockbloghub.com/2010/04/09/mchp-microchip-technology-acquires-silicon-storage/33305</link>
		<comments>http://www.stockbloghub.com/2010/04/09/mchp-microchip-technology-acquires-silicon-storage/33305#comments</comments>
		<pubDate>Fri, 09 Apr 2010 21:51:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Semiconductor - Specialized]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[MCHP]]></category>
		<category><![CDATA[Microchip Technology Inc.]]></category>
		<category><![CDATA[Silicon Storage Technology Inc]]></category>
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		<description><![CDATA[Microchip Technology Inc. (MCHP) announced that it completed its acquisition of Silicon Storage Technology Inc. (SSTI) following approval of the transaction by Silicon’s shareholders. Silicon Storage is a global leader in embedded flash technology and in the licensing of these technologies. It has several other businesses including serial, parallel and specialty flash memories. Approximately 90.9% of SSTI shares voted were in favor of the merger agreement. In early March, Microchip upped its offer for SSTI. Under the revised terms, Silicon Storage shareholders were entitled to receive $3.05 per share in cash compared to the previous offer of $3.00 per share (second amendment). This second amendment was in response to an offer made by another bidder to Silicon’s Strategic Committee on Mar 2, 2010. The $3.05 per share offer represents an ]]></description>
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		<title>(MCHP) Microchip Technology Incorporated Ups Offer for Silicon Storage Technology</title>
		<link>http://www.stockbloghub.com/2010/03/09/mchp-microchip-technology-incorporated-ups-offer-for-silicon-storage-technology/30165</link>
		<comments>http://www.stockbloghub.com/2010/03/09/mchp-microchip-technology-incorporated-ups-offer-for-silicon-storage-technology/30165#comments</comments>
		<pubDate>Tue, 09 Mar 2010 22:56:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Semiconductor - Specialized]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[MCHP]]></category>
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		<category><![CDATA[Silicon Storage Technology Inc]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=30165</guid>
		<description><![CDATA[Microchip Technology Incorporated (MCHP) announced that it has amended its agreement to acquire Silicon Storage Technology Inc. (SSTI). Silicon Storage is a global leader in embedded flash technology and in the licensing of these technologies. It has several other businesses including serial, parallel and specialty flash memories. Under the revised terms, Silicon Storage shareholders would be entitled to receive $3.05 per share in cash compared to the previous offer of $3.00 per share (second amendment). This second amendment was in response to an offer made by another party to Silicon’s Strategic Committee on March 2, 2010. In November 2009, Technology Resource Holdings (controlled by Prophet Equity LP) made a $2.10 per share offer to buy Silicon Storage. This was countered in early February when Microchip entered the fray with an ]]></description>
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		<title>(MCHP) Microchip Technology Ups Bid For Silicon Storage Technology</title>
		<link>http://www.stockbloghub.com/2010/02/24/mchp-microchip-technology-ups-bid-for-silicon-storage-technology/28921</link>
		<comments>http://www.stockbloghub.com/2010/02/24/mchp-microchip-technology-ups-bid-for-silicon-storage-technology/28921#comments</comments>
		<pubDate>Wed, 24 Feb 2010 18:46:03 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Semiconductor - Specialized]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[MCHP]]></category>
		<category><![CDATA[Microchip Technology Inc.]]></category>
		<category><![CDATA[Silicon Storage Technology Inc]]></category>
		<category><![CDATA[SSTI]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=28921</guid>
		<description><![CDATA[Microchip Technology Inc. (MCHP) has raised its acquisition offer for Silicon Storage Technology, Inc. (SSTI). Under the revised terms, SST shareholders would be entitled to receive $3.00 per share in cash. Microchip earlier announced that it will acquire SSTI for $2.85 per share in cash or about $275 million in cash. Microchip proposed the revised terms in response to a competing offer from a private equity firm. The revised offer of $3.00 per share represents an approximate 42.8% premium to the amount that the holders of SST common stock would have received under the previously announced merger agreement between SST and Technology Resources Holdings, Inc. The acquisition is expected to close by the second quarter of calendar 2010. Silicon Storage is a global leader in embedded flash technology and the ]]></description>
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		<title>(MCHP) Microchip Technologies Incorporated Demonstrates Growth</title>
		<link>http://www.stockbloghub.com/2010/02/05/mchp-microchip-technologies-incorporated-demonstrates-growth/27219</link>
		<comments>http://www.stockbloghub.com/2010/02/05/mchp-microchip-technologies-incorporated-demonstrates-growth/27219#comments</comments>
		<pubDate>Sat, 06 Feb 2010 00:19:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Semiconductor - Specialized]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[MCHP]]></category>
		<category><![CDATA[Microchip Technology Inc.]]></category>
		<category><![CDATA[Silicon Storage Technology Inc]]></category>
		<category><![CDATA[SSTI]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=27219</guid>
		<description><![CDATA[Microchip Technologies Incorporated (MCHP) reported net sales of $250.1 million in the third quarter of fiscal 2010, up approximately 10.3% sequentially and up 30.1% year-over-year. Revenues from all three product lines &#8212; Microcontrollers, Analog and Serial EEPROMs &#8212; grew in the quarter. The Microcontroller business grew 10% sequentially and up 30% year over year. Analog business was up 14.1% sequentially and up 40% year over year. Growth was especially strong in the linear, interface and safety and security product lines. Serial EEPROM memory products grew 9.8% sequentially. On a geographic basis, Asia accounted for 52.3% of total sales in the December quarter. Americas were 23.7% of sales, and Europe was 24% of sales. Revenue in the Americas was up 6.1% sequentially. Europe was up 10.2% and Asia was up 12.4%. ]]></description>
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