On Semi's Quantenna Buy Gives Shareholders Fair Value -- Market Talk

道琼斯 · Mar 28, 2019 23:39

DJ On Semi's Quantenna Buy Gives Shareholders Fair Value -- Market Talk

11:39 ET - On Semiconductors's nearly $1.1B takeout of Quantenna Communications gives fair value to shareholders based on recent deals in analog and mixed-signal semiconductor and internet-of-things spaces, Stifel says. Though the deal is straightforward from a regulatory perspective, Stifel says another suitor could potentially bid for Quantenna based on its attractive position in Wi-Fi technology--especially as the industry moves toward the 802.11ax standard. Quantenna rises 17%, while On falls 1.3%. (bowdeya.tweh@wsj.com; @BowKnowsBiz)

(END) Dow Jones Newswires

March 28, 2019 11:39 ET (15:39 GMT)

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.

On Semi's Quantenna Buy Gives Shareholders Fair Value -- Market Talk

Risk Disclaimer