BALA CYNWYD, Pa., April 30, 2012 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of PLX Technology,
Inc. ("PLX" or the "Company") (Nasdaq- PLXT) relating to the
proposed acquisition by Integrated Device Technology, Inc.
("Integrated") (Nasdaq-IDTI).
Under the terms of the transaction, PLX shareholders would
receive $3.50 in cash and 0.525
shares of Integrated stock for each share of PLX stock they own.
The investigation concerns possible breaches of fiduciary duty and
other violations of state law by the Board of Directors of PLX for
not acting in the Company's shareholders' best interests in
connection with the sale process to Integrated.
If you own shares of PLX stock and wish to discuss the legal
ramifications of the proposed transaction, or have any questions,
you may e-mail or call the law office of Brodsky & Smith, LLC
who will, without obligation or cost to you, attempt to answer your
questions. You may contact Jason L.
Brodsky, Esquire or Evan J. Smith,
Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite
602, Bala Cynwyd, PA 19004, by
e-mail at investorrelations@brodsky-smith.com visiting
http://brodsky-smith.com/418-plxt-plx-technology-inc.html, or by
calling toll free 877-LEGAL-90.
SOURCE Brodsky & Smith, LLC