Analog/mixed-signal chipmaker Micrel (MCRL) is acquiring a controlling interest in PhaseLink, a...

|By:, SA News Editor

Analog/mixed-signal chipmaker Micrel (MCRL) is acquiring a controlling interest in PhaseLink, a developer of clock chips for telecom and storage applications, for an undisclosed sum. Micrel expects the deal to dilute its 2012 EPS by $0.02, but be accretive within 18 months. Shares are down slightly AH.