AML Communications Gets Bid From Microsemi

Camarillo-based AML Communications announced today that it has received a superior offer for the firm today from Microsemi Corporation, topping an offer in February from Anaren. AML said that Microsemi has submitted a formal binding offer to pay $2.50 per share in cash for the firm, up from the $2.15 per share in cash offered by Anaren on February 13th. AML said that Anaren has until April 11th to submit a superior offer to Microsemi's bid for the company. AML is a designer and manufacturer of microelectronic and microwave assemblies for the defense industry.