Just a few months after the announcement that TriQuint Semiconductor Inc. and RF Micro Devices would be merging, the two companies notified the NASDAQ Stock Market to suspend trading and delist both companies on the exchange.
Previously, the companies said the merger was expected to close in the second half of 2014, however, it looks as if the new company, named Qorvo, will begin trading on the NASDAQ beginning on Jan. 2, 2015 under the ticker symbol “QRVO.”
That means the ticker symbols “RFMD” and “TQNT” will no longer be traded as the merger nears completion.
The combined entity of Qorvo will include the product development, product portfolios and high volume manufacturing in order to translate R&D advances into large scale production quickly, the company said.
Related links:
IHS Semiconductors & Components
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