United States

Integrated Device Technology Inc (IDTI.O)

IDTI.O on Nasdaq

20 Jan 2017
Change (% chg)

$0.00 (+0.00%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Latest Key Developments (Source: Significant Developments)

IDT Q1 adjusted earnings per share $0.36
Monday, 1 Aug 2016 04:05pm EDT 

Integrated Device Technology Inc : Q1 non-GAAP earnings per share $0.36 . Q1 revenue $192.1 million versus I/B/E/S view $191.1 million . Q1 earnings per share view $0.36 -- Thomson Reuters I/B/E/S . IDT reports Q1 fiscal year 2017 financial results .Q1 GAAP earnings per share $0.15 from continuing operations.  Full Article

SEC charges Pakistani man over bogus Integrated Device takeover bid
Tuesday, 24 May 2016 04:14pm EDT 

Integrated Device Technology Inc : SEC says it won asset freeze against trader who it said manipulated Integrated Device Technology Inc shares . SEC also charges the trader, nauman aly, from Pakistan, with violating federal securities law . SEC says aly manipulated Integrated Device stock through a false regulatory filing traced to computer in Pakistan . SEC says the filing indicated that aly and six Chinese investors had taken a 5.1 percent stake in the company . SEC says the filing also indicated the investor group offered to buy Integrated Device at a large premium . SEC says asset freeze covers alleged ill-gotten profit that aly made from trading Integrated Device stock options.  Full Article

Integrated Device Technology issues statement regarding U.S. department of Commerce ruling on ZTE
Tuesday, 8 Mar 2016 05:11pm EST 

Integrated Device Technology Inc:IDT issues statement regarding U.S. department of Commerce ruling on Zte.Company believes ruling could cause changes to revenue trends beginning in its Q1 of 2017, ending July 3, 2016.Says expects this event to have minimal impact to its current fiscal fourth quarter, ending April 3, 2016.IDT's ZTE-related revenue has "historically ranged between approximately $3 million and $4 million per quarter".Currently believes that any adverse impact will be transitory" Zhongxing Telecommunications equipment corporation is communications infrastructure customer of idt.  Full Article

Integrated Device Technology completes acquisition of zmdi
Monday, 7 Dec 2015 04:05pm EST 

Integrated Device Technology:Completed the acquisition of privately held ZMDI (Zentrum Mikroelektronik Dresden AG) for $307 million.Announced six weeks ago, the acquisition brings to IDT a highly regarded automotive and industrial business, as well as high-performance programmable power devices and signal conditioning solutions.  Full Article

Integrated Device Technology proposes offering of $325 Million Convertible Senior Notes
Wednesday, 28 Oct 2015 04:48pm EDT 

Integrated Device Technology:Intends to offer a $325 million aggregate principal amount of convertible senior notes due 2022 in a private offering to qualified institutional buyers.Company expects to grant the initial purchasers a 30-day option to purchase up to an additional $48.75 million aggregate principal amount of notes to cover over-allotments.Company expects to use a portion of the net proceeds from this offering to repurchase shares of the company's common stock.The Company intends to use any remaining net proceeds from this offering for general corporate purposes.  Full Article

Integrated Device Technology to acquire ZMDI
Monday, 26 Oct 2015 04:06pm EDT 

Integrated Device Technology:Says an agreement to acquire privately held ZMDI (Zentrum Mikroelektronik Dresden AG) for total consideration of $310 mln in cash.The acquisition provides IDT with a Automotive & Industrial business, and extends their technology leadership in high performance programmable power devices and timing & signal conditioning.The transaction has been unanimously approved by the board of directors of both companies, with closing expected before calendar end.  Full Article

Integrated Device Technology collaborates with CERN
Tuesday, 31 Mar 2015 06:30am EDT 

Integrated Device Technology Inc:Entered a three-year collaboration with the European Organization for Nuclear Research (CERN) to use IDT's RapidIO technology to help improve data acquisition and analysis in some of the fundamental physics research.Massive volumes of data are collected by the experiments on CERN's Large Hadron Collider (LHC).Teams from IDT and CERN will use the IDT technology to improve the quality and timeliness of this data collection, as well as the initial analysis and reconstruction work at the experiments' data farms and the CERN Data Centre.  Full Article

BRIEF-Integrated device technology inc signed agreement with future electronics

* Integrated Device Technology -under agreement, future electronics becomes IDT's newest distributor of products through its offices in 44 countries