Online information source for semiconductor professionals
ON Semiconductor and AMIS Holdings stockholders agree on merger
Popular articles
Micron moving fast on Hynix in Q208 NAND flash rankings, says iSuppli - 19 August 2008
Numonyx to close California Technology Center - 12 August 2008
Qimonda starts major reorganization: exits PC DRAM market - 13 October 2008
Micron close to Inotera share purchase, says Gartner - 06 October 2008
Applied Materials sees higher CapEx spending for 2009 - 15 August 2008
Stockholders of both ON Semiconductor and AMIS Holdings have voted
on the proposed acquisition of the latter by ON Semiconductor. With
more than 90% of the votes leaning in favour of the stock-for-stock
merger, the companies expect the matter to be closed by March 17th
subject to satisfaction of customary closing conditions.
The terms of the agreement will mean that holders of AMIS common stock will each receive 1.15 shares of ON Semiconductor common stock in return for each of their AMIS shares.