Silicon Motion

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Silicon Motion Technology Corporation (Nasdaq – SIMO), Black Knight, Inc. (NYSE – BKI), GTY Technology Holdings Inc. (Nasdaq – GTYH), PS Business Parks Inc. (NY

Retrieved on: 
Thursday, May 5, 2022
Brodsky, Silicon, GI Partners, Black knight, Nasdaq, GLOBE, Intercontinental Exchange, Company, NYSE, GTY, PSB, MaxLinear, Black Night, ICE, Blackstone, MXL, GI, Motion, ADS, Silicon Motion, Security (finance)

If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.

Key Points: 
  • If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.
  • Under the terms of the agreement, Silicon Motion will be acquired by MaxLinear, Inc. (Nasdaq - MXL).
  • Under the terms of the agreement, Black Knight will be acquired by Intercontinental Exchange, Inc. (NYSE - ICE).
  • Under the terms of the merger agreement, GTY shareholders will receive $6.30 per share for each share of GTY stock they own.

SIMO STOCK ALERT: Halper Sadeh LLP Is Investigating Whether the Sale of Silicon Motion Technology Corporation Is Fair to Shareholders

Retrieved on: 
Thursday, May 5, 2022
Legal, Professional Services, Silicon, Motion, Silicon Motion, Fraud, NASDAQ, Advertising, MaxLinear, SIMO, Sale, Security (finance)

Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of Silicon Motion Technology Corporation (NASDAQ: SIMO) to MaxLinear, Inc. is fair to Silicon Motion shareholders.

Key Points: 
  • Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of Silicon Motion Technology Corporation (NASDAQ: SIMO) to MaxLinear, Inc. is fair to Silicon Motion shareholders.
  • Per the agreement, each American Depositary Share of Silicon Motion will receive $93.54 in cash and 0.388 shares of MaxLinear common stock.
  • The investigation concerns whether Silicon Motion and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Silicon Motion shareholders; (2) determine whether MaxLinear is underpaying for Silicon Motion; and (3) disclose all material information necessary for Silicon Motion shareholders to adequately assess and value the merger consideration.
  • On behalf of Silicon Motion shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

MaxLinear to Acquire Silicon Motion

Retrieved on: 
Thursday, May 5, 2022
Technology, Hardware, Semiconductor, Communication, 100,000, Failure, Public expenditure, Wilson Sonsini Goodrich & Rosati, Register, Vii, Motion, Securities Exchange Act of 1934, Goldman Sachs, Solution, CEO, SEC, Technology, Risk, Central Bank of Denver, N.A. v. First Interstate Bank of Denver, N.A., NASDAQ, Securities Act of 1933, IR, Prospectus, Industry, Epidemic, Wells Fargo, Pandemic, L.L.C, ADS, Personal computer, Solid-state drive, THE, Silicon, U.S. Securities and Exchange Commission, Security (finance), Terrorism, MXL, P.C, Sale, Growth, Multimedia, XV, Acquisition, COVID-19, Calendar, Original equipment manufacturer, Form, K&L Gates, Public sector, SSD, Proxy, Conference, Terminology, Video game, Cryptocurrency, American, Silicon Motion, MaxLinear

In the merger, each American Depositary Share (ADS) of Silicon Motion, which represents four ordinary shares of Silicon Motion, will receive $93.54 in cash and 0.388 shares of MaxLinear common stock, for total per ADS consideration of $114.34 (based on MaxLinears May 4, 2022 closing price).

Key Points: 
  • In the merger, each American Depositary Share (ADS) of Silicon Motion, which represents four ordinary shares of Silicon Motion, will receive $93.54 in cash and 0.388 shares of MaxLinear common stock, for total per ADS consideration of $114.34 (based on MaxLinears May 4, 2022 closing price).
  • Together, MaxLinear and Silicon Motion will have expanded resources to better support the combined companys broad customer relationships with their long-term storage requirements.
  • For 20 years, we have built Silicon Motion with a commitment to advancing innovation, partnering with all of our valued customers and supporting our colleagues around the world, said Wallace Kou, President and Chief Executive Officer of Silicon Motion.
  • Under the terms of the definitive agreement, the transaction consideration will consist of $93.54 in cash and 0.388 shares of MaxLinear stock for each Silicon Motion ADS (American Depositary Share) and $23.385 in cash and 0.097 shares of MaxLinear common stock for each Silicon Motion ordinary share not represented by an ADS.

Silicon Motion Confirms Quarterly Dividend

Retrieved on: 
Tuesday, May 3, 2022
Board, Silicon, COVID-19, IOT, Original equipment manufacturer, GLOBE, Electronics, Nasdaq, Company, Securities Exchange Act of 1934, Securities Act of 1933, SSD, NAND, Annual report, Industry, Compliance, Marketing, Book, MultiMediaCard, UFS, Motion, U.S. Securities and Exchange Commission, Terminology, Solution, ADS, Personal computer, Silicon Motion, Security (finance), Omicron, Delta

TAIPEI, Taiwan and MILPITAS, Calif., May 03, 2022 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO)(Silicon Motion or the Company), a global leader in designing and marketing NAND flash controllers for solid state storage devices, confirms today its quarterly cash dividend.

Key Points: 
  • TAIPEI, Taiwan and MILPITAS, Calif., May 03, 2022 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO)(Silicon Motion or the Company), a global leader in designing and marketing NAND flash controllers for solid state storage devices, confirms today its quarterly cash dividend.
  • According to the previously announced record and payment dates, the next quarterly installment will be paid on May 26, 2022 to all shareholders of record on May 12, 2022.
  • For further information on Silicon Motion, visit us at www.siliconmotion.com .
  • We assume no obligation to update any forward-looking statements, which apply only as of the date of this press release.

Silicon Motion Announces Preliminary First Quarter 2022 Revenue and Earnings Conference Call Details

Retrieved on: 
Friday, April 8, 2022
Personal computer, Silicon Motion, NAND, Silicon, Industry, Securities Exchange Act of 1934, Securities Act of 1933, IOT, COVID-19, U.S. Securities and Exchange Commission, UFS, Solution, Electronics, MultiMediaCard, SSD, Terminology, Annual report, Motion, Computer data storage, Risk management, Online shopping, Delta, Omicron

We also supply customized high-performance hyperscale data center and specialized industrial and automotive SSD solutions.

Key Points: 
  • We also supply customized high-performance hyperscale data center and specialized industrial and automotive SSD solutions.
  • Our customers include most of the NAND flash vendors, storage device module makers and leading OEMs.
  • For further information on Silicon Motion, visit us at www.siliconmotion.com .
  • We assume no obligation to update any forward-looking statements, which apply only as of the date of this press release.

Silicon Motion Confirms Quarterly Dividend

Retrieved on: 
Monday, January 24, 2022
Nasdaq, Securities Exchange Act of 1934, IOT, SIMO, UFS, Silicon Motion, Personal computer, Securities Act of 1933, Book, SSD, Solution, GLOBE, Motion, Electronics, U.S. Securities and Exchange Commission, Industry, ADS, Marketing, Silicon, Company, Annual report, Compliance, MultiMediaCard, NAND, Board, Terminology, COVID-19

TAIPEI, Taiwan and MILPITAS, Calif., Jan. 24, 2022 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (Silicon Motion or the Company), a global leader in designing and marketing NAND flash controllers for solid state storage devices, confirms today its quarterly cash dividend.

Key Points: 
  • TAIPEI, Taiwan and MILPITAS, Calif., Jan. 24, 2022 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (Silicon Motion or the Company), a global leader in designing and marketing NAND flash controllers for solid state storage devices, confirms today its quarterly cash dividend.
  • According to the previously announced record and payment dates, the next quarterly installment will be paid on February 25, 2022 to all shareholders of record on February 14, 2022.
  • For further information on Silicon Motion, visit us at www.siliconmotion.com .
  • We assume no obligation to update any forward-looking statements, which apply only as of the date of this press release.

Residential Equity Agreements Leader Unison Appoints President and CFO

Retrieved on: 
Monday, January 10, 2022
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Banking, PayPal, LinkedIn, Leverage (finance), IPO, Retirement, Silicon Motion, Growth, CEO, Leadership, Motion, Instagram, Silicon Valley Bank, EBay, Silicon, YouTube, CFO, District, Private bank, Downs, Twitter, Delen Private Bank, Investment, Acquisition, Security (finance), Financial services, Actiance, Unison, Facebook

Unison , the leader in residential equity agreements, has added significant talent to its executive team, naming PayPal/eBay veteran Ryan Downs as President and Silicon Valley Bank growth expert Scott Case as Chief Financial Officer.

Key Points: 
  • Unison , the leader in residential equity agreements, has added significant talent to its executive team, naming PayPal/eBay veteran Ryan Downs as President and Silicon Valley Bank growth expert Scott Case as Chief Financial Officer.
  • As President of Unison, Downs will be responsible for managing and scaling the companys day-to-day operations.
  • The residential equity agreement market hasnt seen anything new in decades, and with home prices having surged, equity is at a record level.
  • Through residential equity agreements, we help homeowners access their equity flexibly with no monthly payments or interest.

Silicon Motion Announces Preliminary Fourth Quarter 2021 Revenue and Earnings Conference Call Details

Retrieved on: 
Friday, January 7, 2022
MultiMediaCard, NAND, UFS, Electronics, Securities Act of 1933, Silicon, Securities Exchange Act of 1934, Annual report, SSD, Personal computer, Terminology, Motion, IOT, Solution, Industry, U.S. Securities and Exchange Commission, Silicon Motion, Computer data storage, Risk management, COVID-19

We also supply customized high-performance hyperscale data center and specialized industrial and automotive SSD solutions.

Key Points: 
  • We also supply customized high-performance hyperscale data center and specialized industrial and automotive SSD solutions.
  • Our customers include most of the NAND flash vendors, storage device module makers and leading OEMs.
  • For further information on Silicon Motion, visit us at www.siliconmotion.com .
  • We assume no obligation to update any forward-looking statements, which apply only as of the date of this press release.

Silicon Motion Announces New $200 Million Share Repurchase Program and Reiterates Guidance

Retrieved on: 
Monday, December 6, 2021
U.S. Securities and Exchange Commission, Electronics, NAND, Terminology, Company, Silicon Motion, GLOBE, Securities Act of 1933, Security (finance), Board of directors, CEO, Nasdaq, Industry, American depositary receipt, Securities Exchange Act of 1934, Method, Rule, UFS, ADSS, SSD, Motion, Board, Silicon, Policy, Personal computer, MultiMediaCard, ADS, Program, Share repurchase, IOT, Solution, Annual report, Compliance, Investment, Form 6-K

TAIPEI, Taiwan and MILPITAS, Calif., Dec. 07, 2021 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation(NasdaqGS:SIMO) (Silicon Motion or the Company) today announced that its Board of Directors has authorized a new share repurchase program and approved related cash disbursement for the Company to repurchase up to$200 millionof its American Depositary Shares (ADSs) over a 6-month period, effective immediately.

Key Points: 
  • TAIPEI, Taiwan and MILPITAS, Calif., Dec. 07, 2021 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation(NasdaqGS:SIMO) (Silicon Motion or the Company) today announced that its Board of Directors has authorized a new share repurchase program and approved related cash disbursement for the Company to repurchase up to$200 millionof its American Depositary Shares (ADSs) over a 6-month period, effective immediately.
  • We have a long track record of returning excess capital to shareholders, primarily through dividends, but also though share repurchases.
  • The program does not obligate the Company to acquire any particular amount of ADS, and it may be suspended at any time at the Company's discretion.
  • We assume no obligation to update any forward-looking statements, which apply only as of the date of this press release.

Silicon Motion Announces Annual Dividend Increase

Retrieved on: 
Monday, October 25, 2021
Compliance, Securities Act of 1933, Industry, Silicon Motion, UFS, MultiMediaCard, Personal computer, Security (finance), U.S. Securities and Exchange Commission, Electronics, Motion, Terminology, Annual report, Company, Board, Silicon, CEO, NAND, IOT, Solution, SSD, Securities Exchange Act of 1934

Since we have significantly increased our revenue and cash flow generation and our business outlook continues to remain favorable, our Board has decided to increase our annual dividend, said Wallace Kou, President and CEO of Silicon Motion.

Key Points: 
  • Since we have significantly increased our revenue and cash flow generation and our business outlook continues to remain favorable, our Board has decided to increase our annual dividend, said Wallace Kou, President and CEO of Silicon Motion.
  • The payment of the annual dividend to be paid in quarterly installments will be made according to the anticipated record and payment dates unless subsequently changed by the Board.
  • For further information on Silicon Motion, visit us at www.siliconmotion.com .
  • We assume no obligation to update any forward-looking statements, which apply only as of the date of this press release.