Posts Tagged ‘Cypress Semi’

Exponential Volume Surge In SIMTEK (SMTK)

We are seeing a massive surge in trading volume at Simtek Corp.  (NASDAQ: SMTK).  The company is being acquired by Cypress Semiconductor (NYSE: CY) in a $46 million aggregate transaction.  The offer is a cash tender structure at $2.60 per share and is expected to close in the fourth quarter of the year.  Cypress does [...]