OTTAWA, CANADA — (Marketwire) — 09/26/11 — Zarlink Semiconductor (TSX: ZL) today announced that it has been invited to discuss innovative packaging technologies developed to help shrink the size of electronic components used in implanted and on-body medical devices at the 2011 Medical Electronics Symposium (Sept. 27-28, Arizona State University, Tempe Campus).The presentation, "Disappearing Die – The TIPS project", will be led by Martin McHugh, business development manager with Za
OTTAWA, ONTARIO — (Marketwire) — 09/16/11 — Zarlink Semiconductor Inc. (TSX: ZL) ("Zarlink" or the "Company") today announced that Microsemi Corporation ("Microsemi") has made an application to the Ontario Securities Commission (the "OSC") challenging the Company-s Shareholder Rights Plan adopted by the Board on July 25, 2011. The hearing to consider Microsemi-s application has been scheduled by the OSC for October 3, 2011 and October 4, 2011.The unso
OTTAWA, CANADA — (Marketwire) — 08/17/11 — Zarlink Semiconductor (TSX: ZL) today acknowledged that Microsemi Corporation announced that 0916753 B.C. ULC, an indirect wholly-owned subsidiary of Microsemi, has commenced unsolicited offers to acquire all of the outstanding shares of Zarlink for $3.35 per share and all of the outstanding convertible debentures of Zarlink for $1,367.35 per $1,000 principal amount of convertible debentures. Zarlink advises shareholders and debentureholders not to
OTTAWA, ONTARIO — (Marketwire) — 07/29/11 — Zarlink Semiconductor Inc. (TSX: ZL) today announced that, further to the press release of Zarlink on July 25, 2011 announcing the adoption of a limited duration shareholder rights plan (the "Rights Plan"), the Toronto Stock Exchange (the "TSX") determined on July 27, 2011, in accordance with its rules, to defer its consideration of the acceptance for filing of the Rights Plan until the appropriate securities commission has had
– Q1 Fiscal 2012 revenue of $55.4 million at high end of $54-56 million guidance range – Company records GAAP net income of $0.02 per share and non-GAAP net income of $0.05 per share
OTTAWA, CANADA — (Marketwire) — 07/25/11 — Zarlink Semiconductor Inc. (TSX: ZL) today announced that, consistent with the strategic alternatives review process announced by Zarlink to enhance shareholder value, its Board of Directors has adopted a limited duration shareholder rights plan (the "Rights Plan") pursuant to a shareholder rights plan agreement entered into by Zarlink and Computershare Investor Services Inc., as rights agent. The Rights Plan is intended to allow the Boar
OTTAWA, CANADA — (Marketwire) — 07/22/11 — Zarlink Semiconductor Inc. (TSX: ZL) today announced that its Board of Directors has initiated a process to review a range of strategic alternatives available to Zarlink for enhancing shareholder value. Canaccord Genuity and Royal Bank Capital Markets have been retained as financial advisors to provide independent advice.Zarlink will continue with all of its planned business activities throughout the strategic alternatives process. Zarlink does not
OTTAWA, CANADA — (Marketwire) — 07/20/11 — Zarlink Semiconductor Inc. (TSX: ZL) acknowledges receipt of an unsolicited non-binding proposal from Microsemi Corporation ("Microsemi") to acquire all of the outstanding shares of Zarlink for CAD$3.35 per share in cash.Zarlink had received two previous unsolicited, non-binding expressions of interest from Microsemi dated May 20, 2011 and June 17, 2011 for CAD$3.00 and CAD$3.25 per share. The Zarlink Board carefully and thoroughly review
OTTAWA, CANADA — (Marketwire) — 07/14/11 — Zarlink Semiconductor (TSX: ZL) today introduced a new service that allows equipment designers to customize the Company-s recently released ClockCenter free-run clocking products to meet specific application requirements. With this new level of customization, Zarlink-s customers can simplify and accelerate design to speed time-to-market for new equipment.Zarlink-s One Time Programmable service allows customers to optimize ClockCenter free-run produ
