Integrated Device Technology, Inc. (NASDAQ: IDTI)

Signal Hill acted as a financial advisor to IDT in connection with the sale of its Micro Networks Corporation business to Spectrum Control Inc.

Micro Networks, with operations in Worcester, MA and Auburn, NY, designs and manufactures high-performance data conversion products, custom modules, and a broad line of filters, oscillators, and delay lines based on surface acoustic wave ("SAW") technology.

With the goal of continuously improving the digital media experience, IDT integrates its fundamental semiconductor heritage with essential innovation, developing and delivering low-power, mixed signal solutions that solve customer problems. Headquartered in San Jose, California, IDT has design, manufacturing and sales facilities throughout the world.