Integrated Silicon says expects to hold talks with Cypress Semi

May 15 Integrated Silicon Solution Inc said on Friday it expected to hold talks with Cypress Semiconductor Corp regarding a buyout offer from its fellow chipmaker.
Cypress has offered to buy Integrated Silicon Solution for $19.75 per share, valuing the company at $627.3 million.
Integrated Silicon has already agreed to a $19.25 per share offer from a Chinese consortium led by Summitview Capital.
Integrated Silicon Solution said on Friday it was not withdrawing its support for the Summitview Capital deal. (Reporting by Devika Krishna Kumar in Bengaluru; Editing by Saumyadeb Chakrabarty)


http://www.reuters.com/article/2015/05/15/integrated-silic-ma-cypress-semicond-idUSL3N0Y664820150515