Subsequent Events

12 Months Ended

Mar. 31, 2012

Subsequent Events [Abstract]

Subsequent Events [Text Block]

SUBSEQUENT EVENTS

On May 2, 2012, the Company announced that it had signed a definitive agreement to acquire Standard Microsystems Corporation ("SMSC") for $37.00 per share in cash, which represents a total equity value of approximately $939 million, and a total enterprise value of approximately $766 million, after excluding SMSC's cash and investments on its balance sheet of approximately $173 million at February 29, 2012. The acquisition has been approved by the Boards of Directors of each company and is expected to close in the second quarter of fiscal 2013, subject to approval by SMSC stockholders, regulatory approvals and other customary closing conditions.

On April 19, 2012, the Company announced the acquisition of Roving Networks, a privately held company. Roving Networks is an innovator in low-power embedded Wi-Fi and Bluetooth solutions based in Los Gatos, California. The acquisition was not material to the Company's financial position.