UPDATE 1-Microsemi to buy PMC-Sierra in $2.5 bln deal as Skyworks bows out
November 24, 2015 at 08:26 AM EST
Nov 24 (Reuters) - Chipmaker Microsemi Corp said on Tuesday it would buy rival PMC-Sierra Inc in a $2.5 billion deal, a day after Skyworks Solutions Inc walked away from a bidding war.