Greensboro-based RF Micro Devices (RFMD) (www.rfmd.com), a developer of high-performance radio frequency (RF) systems, has acquired Sirenza Microdevices, a supplier of RF components. Based on RFMD's closing stock price on November 13, 2007, the consideration for the outstanding shares of Sirenza stock is valued at $16.80 per share and represents an aggregate value of approximately $900 million, comprised of approximately $300 million in cash with the balance in RFMD stock.
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