Intersil Corporation Announces Restructuring Initiatives
MILPITAS, CA — (Marketwire) — 02/19/13 — Intersil Corporation (NASDAQ: ISIL), a world leader in the design and manufacture of high-performance analog, mixed-signal and power management semiconductors, today announced restructuring initiatives designed to prioritize the company-s sales and development efforts, strengthen financial performance and improve cash flow.The restructuring plans will be substantially completed during the first quarter of 2013 and are expected to reduce annual operati