Smart Modular Technologies (SMOD +12.8%) agrees to be acquired by Silver Lake Partners for $645M...

|By:, SA News Editor

Smart Modular Technologies (SMOD +12.8%) agrees to be acquired by Silver Lake Partners for $645M in cash, or $9.25/share, representing a 13% premium over the stock's closing price on Monday. A go-shop period lasts until June 9. (PR)