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GigOptix, Inc. Renews Interest in Acquiring GSI Technology, Inc. for $6.50 Per Share

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SAN JOSE, Calif.--(BUSINESS WIRE)--GigOptix, Inc. (NYSE MKT:GIG) a leading supplier of advanced high speed semiconductor components for use in long-haul, metro, Cloud connectivity, data centers, consumer electronics links and interactive applications, through optical and wireless communications networks, today announced that it had sent the following letter to the board of directors of GSI Technology, Inc. (Nasdaq: GSIT) renewing GigOptix’ proposal to acquire all of the outstanding shares of GS

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