# Skyworks and PMC-Sierra amend merger agreement to $11.60 per share

Skyworks Solutions and PMC-Sierra announced an amended merger agreement under which Skyworks will acquire PMC for $11.60 per share in cash, increased from $10.50 per share. The transaction is expected to close in the first half of 2016.

- Type: Acquisition
- Announced: 2015-10-05
- Where: United States
- Value: $2.00B
- Status: announced
- Products: analog semiconductors, storage solutions, optical network solutions
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Skyworks Solutions](https://endata.com/companies/25797.md) (acquirer)
- [PMC-Sierra](https://endata.com/companies/26411.md) (target)

## Sources

- [skyworks.gcs-web.com](https://skyworks.gcs-web.com/news-releases/news-release-details/skyworks-acquire-pmc-sierra-2-billion-cash), 2017-08-21: "Skyworks Solutions, Inc. and PMC-Sierra, Inc. today announced a definitive agreement under which Skyworks will acquire PMC for $10.50 per share in an all-cash transaction valued at approximately $2 billion."
- [investors.skyworksinc.com](https://investors.skyworksinc.com/news-releases/news-release-details/skyworks-and-pmc-sierra-announce-amended-and-restated-merger), 2017-08-21: "Skyworks Solutions, Inc. and PMC-Sierra, Inc. today announced that they have entered into an amended and restated merger agreement under which Skyworks has agreed to acquire PMC for $11.60 in cash per share of PMC common stock."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.