Standard Microsystems (SMSC) is buying Conexant (CNXT) for ~$284M in stock and cash, a deal that...

|About: Standard Microsystems Co... (SMSC)|By:, SA News Editor

Standard Microsystems (SMSC) is buying Conexant (CNXT) for ~$284M in stock and cash, a deal that will let the companies "leverage complementary technology and engineering resources to provide our customers with expanded solutions in connectivity and content." (PR)