Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Vitesse Semiconductor -- Ignore unavailable to you. Want to Upgrade?

To: JK who wrote (4378)	10/26/2005 10:26:28 AM
From: sixty2nds	Read Replies (1) \| Respond to of 4710

26-Oct-05 07:41 ET In Play PMC on acquisition spree - Lightreading (PMCS) 6.52 : According to Lightreading, PMC-Sierra has its eyes on an acquisition, and most observers think the tgt could be one of the bigger names in storage. Officials aren't exactly being coy about it. "[PMC] has identified a semiconductor business that is consistent with its business strategy, and, if acquired, could significantly increase the registrant's consolidated assets and rev," the co stated in an SEC document filed Oct. 20. The statement goes on to say that PMC is "in advanced discussions" with the tgt co but hasn't settled on any terms yet. Potential tgts, according to the article, include Adaptec (ADPT), Agilent (A), Applied Micro Circuits (AMCC) and Vitesse (VTSS).