SunEdison Semiconductor Limited develops, manufactures, and sells silicon wafers in the United States and internationally. The company provides polished wafers for various applications, including memory, analog, radio frequency (RF) devices, digital signal processors, and power devices; epitaxial wafers that enhance the reliability and decrease the power consumption of semiconductor devices in mobile device and cloud infrastructure applications; and silicon-on-insulator wafers, which enhance switching speeds and the performance of RF devices, such as power amplifiers, switches, and sensors. It also sells intermediate products consisting of polysilicon, trichlorosilane gas, ingots, and scrap wafers to semiconductor device and equipment makers. SunEdison Semiconductor Limited sells its products to semiconductor manufacturers comprising integrated device manufacturers and pure-play semiconductor foundries, as well as wafer customization companies. The company was founded in 1959 and is headquartered in St. Peters, Missouri.
SunEdison Semiconductor Skyrockets on Acquisition News August 18, 2016 SunEdison Semiconductor Ltd. (NASDAQ: SEMI) watched its shares rise handily in Thursday’s session following the announcement of an acquisition. The company entered into a definitive agreement for the acquisition by GlobalWafers, in a transaction valued at $683 million, including SunEdison Semiconductor’s outstanding net indebtedness. Under the terms of the agreement, SunEdison Semiconductor shareholders will receive $12 per share in cash for each ordinary share held, representing a 78.6% premium to the average closing price over the past 30 trading days and a 44.9% premium to the August 17 closing price. GlobalWafers expects to benefit from this transaction through a meaningful expansion of its http://finance.yahoo.com/m/413e443c-214d-33b0-96b4-f4c9173517d1/ss_sunedison-semiconductor.html
