Signal Hill acted as advisors for IDT on the transaction.

About IDT

With the goal of continuously improving the digital media experience, IDT integrates its fundamental semiconductor heritage with essential innovation, developing and delivering low-power, mixed signal solutions that solve customer problems. Headquartered in San Jose, Calif., IDT has design, manufacturing and sales facilities throughout the world. IDT stock is traded on the NASDAQ Global Select Stock Market(R) under the symbol "IDTI." Additional information about IDT is accessible at www.IDT.com.

IDT and the IDT logo are trademarks or registered trademarks of Integrated Device Technology, Inc. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

SOURCE: Integrated Device Technology, Inc.

For Integrated Device Technology, Inc. 
Financial Contact: 
IDT Investor Relations 
Mike Knapp, (408) 284-6515 
mike.knapp@idt.com 
or 
Press Contact: 
IDT Worldwide Marketing 
Carolyn Robinson, (408) 284-8200 
carolyn.robinson@idt.com

The full report is available at: http://www.stockpreacher.com/n/IDTI

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Integrated Device Technology Inc. (IDTI) designs, develops, manufactures and markets mixed signal semiconductor solutions for communications, computing and consumer industries worldwide. It operates through two segments, Communications, and Computing and Consumer.

Message Board Search for IDTI: http://www.boardcentral.com/boards/IDTI

In the report, the analyst notes:

"This summer the Company completed the acquisition of all of the shares of Tundra(R) Semiconductor Corporation (TSX:TUN) for aggregate cash consideration of approximately CDN $120.8 million. The Tundra acquisition is expected to strengthen the Company's product portfolio of serial switching and bridging using PCI Express(R), Rapid IO(R) and VME interconnect standards. Additionally, the Tundra technology, combined with the IDT mixed signal product portfolio and channel capabilities, is intended to further reinforce the Company's position in interconnect solutions for the communication, computing and embedded segments.

"Last month, the Company announced the Serial RapidIO(R) Gen2 program consisting of a comprehensive portfolio of IP, switches, evaluation platforms and tools. At the same time, IDTI announced its Serial RapidIO Gen2 endpoint Intellectual Property (IP) has been selected by Texas Instruments (TI) for use in its wireless optimized digital signal processors (DSPs). The combination of the IDTI's Serial RapidIO Gen2 products with the TI next-generation DSPs provide a turnkey solution for industry-leading performance and interoperability in 3G and 4G wireless platforms."

To read the entire report visit: http://www.stockpreacher.com/n/IDTI StockPreacher.com is a small-cap research and investment commentary provider. StockPreacher.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com

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SOURCE: StockPreacher

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