jyoung
09-08-2009, 09:11 PM
Intellon Corporation (Public, NASDAQ:ITLN) is among the top percentage gainer and surged 41.60% to $7.08 on huge volume of 3.27 million shares. Today, September 09, 2009, Atheros Communications, Inc. and Intellon Corporation announced that they have entered into a definitive agreement for Atheros to acquire Intellon in a stock and cash transaction valued at approximately $244 million, or $181 million net of Intellon's cash, cash equivalents and short-term investments as of June 30, 2009. During the last six months the stock has increased by 390.28%. Intellon Corporation is a fabless semiconductor company that designs and sells integrated circuits (ICs) for high-speed communications………..
You can also check out LiquidTycoon dot com bcuz they have a summary report on the company...very informative site!
You can also check out LiquidTycoon dot com bcuz they have a summary report on the company...very informative site!