Qualcomm to Acquire xDSL and G.fast Networking Technology Provider Ikanos
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Ikanos Communications (IKAN) Posts Q2 Loss of 72c/Share
August 6, 2015 8:16 AM EDTIkanos Communications (NASDAQ: IKAN) reported Q2 EPS of ($0.72), $0.08 worse than the analyst estimate of ($0.64). Revenue for the quarter came in at $11 million versus the consensus estimate of $11 million.
For earnings history and earnings-related data on Ikanos Communications (IKAN) click here.
... MoreQualcomm (QCOM) to Acquire Ikanos (IKAN) for $2.75/Share
August 6, 2015 7:31 AM EDTQualcomm (NASDAQ: QCOM) announced that its subsidiary, Qualcomm Atheros, Inc., has entered into a definitive merger agreement to acquire Ikanos Communications, Inc. (NASDAQ: IKAN), a high performance broadband networking semiconductor and software provider enabling both central office and home gateway solutions. Pursuant to the agreement, Qualcomm Atheros, through a wholly-owned subsidiary, will commence a tender offer to acquire all of the issued and outstanding shares of common stock of Ikanos for $2.75 per share in cash, and assume all outstanding indebtedness at the closing of the transaction.
The... More
