The RFMD-TriQuint deal is billed as a merger of equals, but outlets including the WSJ and Reuters are calling it an acquisition by the Greensboro company.

Let us hope that is the case.

And let's hope that Nancy Vaughan has already sent a congratulatory candygram to Bob Bruggeworth, the RFMD boss who will be CEO of the combined company, and even now is on the phone with Pat McCrory, planning ways to keep the HQ in Guilford County.

This would be an excellent time to focus our state and local economic develpment efforts on a home-grown, high-tech manufacturer. 

UPDATE: As reported from Oregon, TriQuint's home, it sounds like a lot of things are up in the air: 

“Both Hillsboro and Greensboro will be headquarters, if you will, for a reasonable amount of time – perhaps forever,” [TriQuint CFO Steve] Buhaly said.

The deal does create uncertainty, though, about the future of TriQuint’s Hillsboro factory, known as a fab in industry terms...

“There’s at least equal possibility that the Greensboro fab closes and this one is busier than it is now,” Buhaly said.

GSO should put the money it was going to give "lend" the Civil Rights museum toward the Retain RFMD Fund. 

Comments

[Mark Sutter]

Here's a local take on it and we'll be following:
http://www.bizjournals.com/triad/blog/2014/02/key-questions-in-rf-microtriquint.html