11:42 AM EST - Tundra Semiconductor Corp. : announced that it is the takeover target of Integrated Device Technology Inc. for aggregate cash consideration of about $120.8 million. The Tundra acquisition is expected to strengthen the IDT product portfolio of serial switching and bridging using PCI Express, Rapid IO and VME interconnect standards. Tundra Semiconductor Corp.
shares T.TUN are trading up $0.01 at $6.24.
