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News about Silicon Motion Technology Corp. (ADR)
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Sat, 16 Sep 2023 12:31:54 +0000Read moreIs the Options Market Predicting a Spike in Silicon Motion (SIMO) Stock?
Investors need to pay close attention to Silicon Motion (SIMO) stock based on the movements in the options market lately.
Wed, 30 Aug 2023 12:44:00 +0000Read moreUPDATE 1-Silicon Motion to seek damages after MaxLinear scraps deal
Taiwan-based Silicon Motion on Wednesday blamed MaxLinear for breaching their merger agreement and said it would seek damages in excess of the termination fee from the U.S. company. MaxLinear scrapped a nearly $4 billion cash-and-stock deal in July to acquire memory-controller maker Silicon Motion. MaxLinear may be required to pay Silicon Motion a termination fee of $160 million, according to the agreement in May last year.
Wed, 16 Aug 2023 21:56:32 +0000Read moreSilicon Motion to seek damages after MaxLinear scraps deal
MaxLinear scrapped a nearly $4 billion cash-and-stock deal in July to acquire memory-controller maker Silicon Motion. MaxLinear may be required to pay Silicon Motion a termination fee of $160 million, according to the agreement in May last year.
Wed, 16 Aug 2023 13:00:24 +0000Read moreSilicon Motion Terminates Merger Agreement with MaxLinear and Intends to Pursue Substantial Damages in Excess of the Agreement’s Termination Fee Due to MaxLinear’s Willful and Material Breaches of the Merger Agreement
Will Proceed with Arbitration in the Singapore International Arbitration Centre, as Dictated by the Parties’ Merger Agreement Notified MaxLinear of its Position that MaxLinear’s Willful and Material Breaches of the Merger Agreement Prevented the Merger from Being Completed by the Outside Date TAIPEI, Taiwan and MILPITAS, Calif., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQGS: SIMO) (“Silicon Motion” or the “Company”) today issued a written notice to MaxLinear,
Wed, 16 Aug 2023 12:00:00 +0000Read more