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Micrel Inc Announces Acquisition of Discera Inc


Friday, 30 Aug 2013 04:30pm EDT 

Micrel Inc announced that it has signed a definitive agreement to acquire the business of Discera Inc., provider of silicon timing solutions. The acquisition is intended to complement Micrel's high performance clock and timing products, as well as expand its MEMS (micro-electrical mechanical systems) capabilities. The transaction is expected to close in September of 2013. Micrel expects the acquisition will be slightly dilutive in 2013 and neutral to slightly accretive in 2014 on a GAAP basis. Terms of the transaction were not disclosed. 

Company Quote

11.02
0.11 +1.01%
1:10pm EDT