Monday, October 26, 2009

NetLogic announces stockholder approval required for RMI's acquisition

MOUNTAIN VIEW, USA: NetLogic Microsystems Inc., a leader in design and development of knowledge-based processors and high-speed integrated circuits, announced that at a special meeting of stockholders held recently, it obtained the approval of stockholders required by Nasdaq Listing Rules for the issuance of shares of the company’s common stock in connection with the company’s proposed acquisition of RMI Corporation. The company now expects to complete this acquisition on Oct. 30, 2009.

Also, as previously announced on October 13, 2009, the company has scheduled its third quarter 2009 financial results conference call for Nov. 3, 2009 at 1:30 p.m. Pacific time. The company will release its financial results at approximately 1:05 p.m. Pacific time.

The conference call will be available via a live webcast on the investor relations section of NetLogic Microsystems’ web site at http://www.netlogicmicro.com. Access the web site 15 minutes prior to the start of the call to download and install any necessary audio software. An archived webcast replay will be available on the web site for three months.

NetLogic Microsystems, a fabless semiconductor company, designs, develops and markets high-performance knowledge-based processors and high-speed integrated circuits that accelerate the delivery of voice, video, data and multimedia content for advanced enterprise, datacenter, communications and mobile wireless networks.

NetLogic Microsystems’ products include high-performance knowledge-based processors, application-aware content processors, 10-Gigabit Ethernet interconnects and network search engines that are being deployed by Tier 1 original equipment manufacturers (OEMs) in leading systems such as routers, switches, wireless infrastructure equipment, network security appliances, datacenter servers, network access equipment and network storage devices.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.