Montage Technology Group Limited (MONT) - NASDAQ
MONT is defunct.
  • Jun. 11, 2014, 11:50 AM
    • Montage (MONT +8.7%) has agreed to be acquired by state-owned firm PDSTI for  $22.60/share in cash, or $693M.
    • The deal, still subject to shareholder vote, values Montage at 6.2x 2013 sales. The chipmaker currently trades 5% below PDSTI's offer price.
    | Jun. 11, 2014, 11:50 AM
  • May 19, 2014, 5:38 PM
    | May 19, 2014, 5:38 PM
  • Mar. 31, 2014, 12:47 PM
    • Montage (MONT +3.2%) now expects to report Q1 revenue of $34.5M-$36.5M, above prior guidance of $29M-$32M and a $30.6M consensus. Gross margin is expected to be above prior guidance of 60%-62%.
    • The Chinese analog/mixed-signal chipmaker attributes the guidance hike to an expected 60% Q/Q increase in memory interface chip sales, which in turn is the result of growing demand for LRDIMM DRAM modules.
    • LRDIMMs enable higher server memory capacities, something that has made them popular for handling memory-intensive applications such as in-memory databases and big data/analytics projects.
    | Mar. 31, 2014, 12:47 PM
  • Mar. 20, 2014, 8:06 AM
    • Among the alternatives are a sale of the company, including a continued study of last week's $21.50 per share buyout proposal from Shanghai Pudong Science and Technology Investment.
    • MONT halted in premarket trade. It closed at $20.94 last night.
    | Mar. 20, 2014, 8:06 AM
  • Mar. 10, 2014, 12:47 PM
    | Mar. 10, 2014, 12:47 PM | 1 Comment
  • Mar. 10, 2014, 9:12 AM
    | Mar. 10, 2014, 9:12 AM
  • Mar. 10, 2014, 8:40 AM
    • Montage Technology (MONT) announces receipt of buyout offer for $21.50 per share from Shanghai Pudong Science and Technology Investment. The board is reviewing the proposal.
    • The stock closed at $17.16 on Friday. Shares are currently halted.
    | Mar. 10, 2014, 8:40 AM
  • Feb. 21, 2014, 9:47 AM
    • Seagate (STX +3.3%) has been upgraded to Outperform by RBC.
    • ON Semi (ONNN +1%) and Freescale (FSL +1.5%) have been started at Buy by Drexel Hamilton.
    • Montage Technology (MONT +0.3%) has been cut to Market Perfrorm by Raymond James, and to Equalweight by Barclays, a day after posting a Q4 beat.
    • Telecom New Zealand (NZTCY -0.5%) has been upgraded to Neutral by Citi.
    | Feb. 21, 2014, 9:47 AM
  • Feb. 20, 2014, 9:11 AM
    | Feb. 20, 2014, 9:11 AM | 1 Comment
  • Feb. 7, 2014, 12:46 PM
    | Feb. 7, 2014, 12:46 PM
  • Feb. 6, 2014, 12:46 PM
    | Feb. 6, 2014, 12:46 PM
  • Nov. 22, 2013, 12:57 PM
    | Nov. 22, 2013, 12:57 PM
  • Oct. 21, 2013, 10:04 AM
    • SolarCity (SCTY +7.3%) has been started at Buy by BofA/Merrill.
    • Salesforce (CRM +2.1%) has been upgraded to Strong Buy by Raymond James.
    • Activision (ATVI +1%) has been started at Overweight by Barclays.
    • MA-Com (MTSI +2.7%) has been upgraded to Overweight by Stephens.
    • Russian carriers VimpelCom (VIP -0.5%) and MTS (MBT -1.8%) have been cut to Hold by Deutsche, and so has Aixtron (AIXG +3.2%)
    • NII Holdings (NIHD -4.3%) has been cut to Underperform by Credit Suisse.
    • Celestica (CLS -1.4%) has been cut to Hold by Canaccord.
    • Aruba (ARUN +1.7%) has been started at Outperform by Northland.
    • Applied Optoelectronics (AAOI +10.9%) has been started at Strong Buy by Raymond James.
    • Xoom (XOOM +6.9%) has been started at Buy by SunTrust.
    • Montage (MONT -0.4%) has been assigned five bullish ratings, and no neutral/bearish ones, on underwriter coverage day.
    | Oct. 21, 2013, 10:04 AM | 1 Comment
  • Sep. 26, 2013, 1:12 PM
    • After pricing its 7.1M-share IPO at $10, below a prior range of $12-$14, Montage Technology (MONT) opened at $10.10, but has since rallied to $12.69, good for a 26.9% gain. The analog/mixed-signal chipmaker currently has a market cap of $342M, or 4.4x 2012 sales.
    • Montage, whose chips are used in set-top boxes and server DRAM modules, had 1H revenue of $45.4M (+34% Y/Y), and net income of $1.6M. Set-top chip rivals include STMicroelectronics and RDA Microelectronics, and server chip rivals include Texas Instruments and IDT.
    • S-1, IPO preview
    | Sep. 26, 2013, 1:12 PM | 1 Comment
Company Description
Montage Technology Group Ltd is a provider of analog and mixed-signal semiconductor solutions addressing the home entertainment and cloud computing markets.
Sector: Technology
Industry: Semiconductor - Memory Chips
Country: United States