MALVERN, Pa., and TUSTIN, Calif., Dec. 23 -- Vishay Intertechnology Inc. and SI Technologies Inc. announced today they have signed a definitive merger agreement for Vishay to acquire all of the outstanding capital stock of SI Technologies in a merger transaction for $4 per share in cash for a total purchase price, including the net settlement of options and warrants, of approximately $17.65 million. Vishay will also cause the outstanding bank debt of SI, currently approximately $10.5 million, to be repaid at closing. For the fiscal year ended July 31, 2004, SI reported $36.2 million of net...Read full articleRelated content from Photonics MediaArticlesSynthesized Nanoresonators Harness Power of IR for Optics and ElectronicsWhen combined with electronics, infrared (IR) light can enable small, fast devices for sensing, imaging, and signaling at the molecular level. 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