Murata Electronics North America, Inc., announces its acquisition of all outstanding shares of Peregrine Semiconductor Corporation. Holders of Peregrine shares were paid $12.50 per share. Peregrine will continue to work under their brand as a new “wholly owned subsidiary of Mura Electronics North America, Inc.”
“After years of a successful partnership, we’re happy to become a part of the Murata team, the world’s leading RF module and filter provider. Murata already has deep relationships and trust built in all of our target markets. We believe we can offer their customer base exciting new RF capabilities. With the reach of Murata products and the power of our UltraCMOS technology, we believe we will change the course of RF history,” Jim Cable, president and CEO of Peregrine Semiconductor, said.
