(d) On December 9, 2016, the Board of Directors (the “Board”) of Integrated Device Technology, Inc. (“IDT” or the “Company”) appointed Selena Loh LaCroix to serve as a director of the Company, effective December 9, 2016,>filling a new vacancy.
Ms. LaCroix will receive the same compensation the Company provides to non-employee independent directors, which is described in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on July 29, 2016. The Company also intends to enter into an indemnification agreement with Ms. LaCroix that is substantially similar to the form of indemnification agreement executed by other members of the Board.
About Integrated Device Technology, Inc. (NASDAQ:IDTI) Integrated Device Technology, Inc. develops system-level solutions that optimize its customers’ applications. The Company operates through two segments: the Communications, and the Computing, Consumer and Industrial. It offers products in radio frequency (RF), timing, wireless power transfer, serial switching, interfaces and sensing solutions. It offers a range of mixed-signal solutions for the communications, computing, consumer, automotive and industrial segments. These products are used for development in areas, such as fourth generation (4G) infrastructure, network communications, cloud datacenters and power management for computing and mobile devices. It offers solutions in designing communications, computing, consumer, automotive and industrial applications. It markets its products to original equipment manufacturers (OEMs) through a range of channels, including direct sales, distributors and electronic manufacturing suppliers (EMSs).
Integrated Device Technology, Inc. (NASDAQ:IDTI) Recent Trading Information Integrated Device Technology, Inc. (NASDAQ:IDTI) closed its last trading session up +0.50 at 25.14 with 1,463,087 shares trading hands.
