Avago Technologies Ltd. (NASDAQ:AVGO) and LSI Corp reported that Avago has completed its acquisition of LSI Corp. for USD11.15 per share in an all-cash transaction valued at approximately USD6.6bn. The acquisition creates a diversified semiconductor market leader with approximately USD5bn in projected annual revenues. Avago Technologies Ltd (NASDAQ:AVGO) shares after opening at $67.75 moved to $ 68.61 on last trade day and at the end of the day closed at $66.81 . Company price to sales ratio in past twelve months was calculated as 6.29 and price to cash ratio as 15.01. Avago Technologies Ltd (NASDAQ:AVGO) showed a positive weekly performance of 5.21%.
RF Micro Devices Inc (NASDAQ:RFMD) CEO Robert Bruggeworth sold 50,848 shares of the company’s stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $8.48, for a total transaction of $431,191.04. Following the sale, the chief executive officer now directly owns 1,165,457 shares in the company, valued at approximately $9,883,075. RF Micro Devices, Inc. (NASDAQ:RFMD) shares advanced 1.48% in last trading session and ended the day on $8.90. RFMD return on equity ratio is recorded as 1.90% and its return on assets is 1.40%. RF Micro Devices, Inc. (NASDAQ:RFMD) yearly performance is 61.52%.
TriQuint Semiconductor (NASDAQ:TQNT) CFO Steven J. Buhaly sold 96,250 shares of the stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $14.57, for a total value of $1,402,362.50. Following the completion of the sale, the chief financial officer now directly owns 81,514 shares in the company, valued at approximately $1,187,659. TriQuint Semiconductor (NASDAQ:TQNT) shares moved up 1.50% in last trading session and was closed at $14.87 while trading in range of $14.55 – $14.88 – TriQuint Semiconductor (NASDAQ:TQNT) year to date (YTD) performance is 78.30%.
Sonic Foundry, Inc. (NASDAQ:SOFO), the trusted leader for video creation and management solutions, today announced the winners of the 10th annual Enterprise Video Awards, formerly the Rich Media Impact Awards. The awards honor excellence in Mediasite integration into business, education, health and government. This year’s finalists achieved measurable improvements in information accessibility, cost-savings, efficiency and productivity through Mediasite. Sonic Foundry Inc (NASDAQ:SOFO) weekly performance is 13.94%. On last trading day company shares ended up $11.69. Sonic Foundry Inc (NASDAQ:SOFO) distance from 50-day simple moving average (SMA50) is 13.43%. Analysts mean target price for the company is $12.20.
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