Littelfuse Buys IXYS Corporation

Littelfuse Buys IXYS Corporation

Littelfuse said Monday it has agreed to acquire IXYS Corporation (IXYS), a maker of power semiconductors and mixed-signal integrated circuits, for $750 million in cash or stock. Under the agreement, each IXYS shareholder may receive either $23 in cash or 0.1265 Littelfuse shares per share held. IXYS closed at $15.95 on Friday, in a 52-week range between $10.06 and $17.80. Littelfuse said that in total, 50% of IXYS stock will […]

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