SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of PMC-Sierra Inc. (PMCS) Over the Proposed Sale of the Company to Skyworks Solutions, Inc.

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of PMC-Sierra Inc.

NEW YORK--()--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of PMC-Sierra Inc. (“PMC” or the “Company”) (NasdaqGS:PMCS) for potential breaches of fiduciary duties in connection with the sale of the Company to Skyworks Solutions, Inc. for approximately $2 billion in a cash transaction.

The Company’s stockholders will only receive $10.50 for each share of PMC common stock they own. However, the offer is significantly lower than at least one analyst’s target price of $14.00 per share.

Click here for more information: www.faruqilaw.com/PMCS. There is no cost or obligation to you.

The investigation focuses on whether PMC’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of PMC’s shareholders.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced team which has achieved significant victories on behalf of clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.

If you own common stock in PMC and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/PMCS or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

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Contacts

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: 877-247-4292
Phone: 212-983-9330

Contacts

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: 877-247-4292
Phone: 212-983-9330