SAN JOSE, Calif.
WJ Communications, Inc. (NASDAQ:WJCI), a leading designer and supplier of radio frequency (RF) products and solutions for the wireless infrastructure and radio frequency identification (RFID) reader markets, today announced a definitive agreement by which TriQuint Semiconductor, Inc. (NASDAQ: TQNT), a leading RF supplier to the wireless communications industry, will acquire all of the outstanding shares of WJ Communications. Under the terms of the merger agreement TriQuint will pay $1.00 per share in cash, implying a total purchase price of approximately $72 million. The Board of Directors of WJ Communications has unanimously approved the merger agreement and recommends that its stockholders approve and adopt the merger agreement, the merger and the transactions contemplated by the merger agreement.
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