NetLogic Microsystems Reports Inducement Grants Under NASDAQ Marketplace Rule 5635
November 08 2011 - 4:05PM
Business Wire
NetLogic Microsystems, Inc. (NASDAQ:NETL), a worldwide leader in
high-performance intelligent semiconductor solutions for
next-generation Internet networks, today announced that on November
7, 2011 the compensation committee of the company’s board of
directors approved grants to a total of 56 new employees of the
company of restricted stock units representing the right to acquire
up to 104,300 shares of common stock. The restricted stock units
were granted as inducements material to employment under the
company’s 2008 New Employee Inducement Incentive Plan in accordance
with NASDAQ Marketplace Rule 5635(c)(4).
About NetLogic Microsystems
NetLogic Microsystems, Inc. (NASDAQ:NETL) is a worldwide leader
in high-performance intelligent semiconductor solutions that are
powering next-generation Internet networks. NetLogic Microsystems’
best-in-class products perform highly differentiated tasks of
accelerating complex network traffic to significantly enhance the
performance and functionality of advanced 3G/4G mobile wireless
infrastructure, data center, enterprise, metro Ethernet, edge and
core infrastructure networks. NetLogic Microsystems’ market-leading
product portfolio includes high-performance multi-core processors,
knowledge-based processors, content processors, network search
engines, ultra low-power embedded processors and high-speed
10/40/100 Gigabit Ethernet PHY solutions. These products are
designed into high-performance systems such as switches, routers,
wireless base stations, security appliances, networked storage
appliances, service gateways and connected media devices offered by
leading original equipment manufacturers (OEMs). NetLogic
Microsystems is headquartered in Santa Clara, California, and has
offices and design centers throughout North America, Asia and
Europe. For more information about products offered by NetLogic
Microsystems, call 408.454.3000 or visit the NetLogic Microsystems
Web site at http://www.netlogicmicro.com.
NetLogic Microsystems, the NetLogic Microsystems logo and
Putting Intelligence in the Networks are trademarks of NetLogic
Microsystems, Inc.
Netlogic Microsystems (NASDAQ:NETL)
Historical Stock Chart
From Dec 2024 to Jan 2025
Netlogic Microsystems (NASDAQ:NETL)
Historical Stock Chart
From Jan 2024 to Jan 2025