![]() AATI Communications Meeting May 26, 2011 Filed by Advanced Analogic Technologies Incorporated Pursuant to Rule 425 under the Securities Act of 1933, as amended and deemed filed pursuant to Rule 14a-12 of the Securities Exchange Act of 1934 Subject Company: Advanced Analogic Technologies Incorporated Commission File No.: 000-51349 |
![]() Safe Harbor Statement 2 » Forward-Looking Statements » The presentation contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations and beliefs and are subject to a number of uncertainties and risks that could cause actual results to differ materially from those indicated in such forward-looking statements, including, but not limited to, the ability of the parties to consummate the proposed Merger, satisfaction of closing conditions precedent to the consummation of the proposed Merger, the ability of Skyworks to successfully integrate AATI’s operations and employees, the ability to yield benefits for customers and employees, expected timing of closing the Merger, the ability of the combined company to address AATI’s customer’s demands, expected growth of the analog market, the complementary nature of the two companies’ products, Skyworks’ revenue growth and other financial metrics, and such other risks as identified in AATI’s most recent Annual Report on Form 10-K, as amended, and subsequent Quarterly Reports on Form 10-Q, each as filed with the SEC, which contain and identify important factors that could cause the actual results to differ materially from those contained in the forward-looking statements. Any statements that are not statements of historical fact (including statements containing the words “believes,” “should,” “plans,” “anticipates,” “expects,” “estimates” and similar expressions) should also be considered to be forward-looking statements. These statements are not guarantees of future performance, involve certain risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. Therefore, actual outcomes and results may differ materially from what is expressed herein. AATI assumes no obligation to update any forward-looking statement contained in this document. |
![]() Agenda » AATI to be Acquired by Skyworks Solutions, Inc ($6.13) » Timeline » Implications » Skyworks Overview 3 |
![]() Overview of Transaction » Highly Synergistic Transaction » Combines Skyworks’ Existing Leadership Position in Front-end Technologies With AATI’s Innovative Power Management Solutions » By Leveraging Skyworks’ Scale & Extensive Product Portfolio, AATI Believes We Will Be Able to Better Address Our Customers’ Demand For Highly Integrated PMIC Solutions » Particularly as They Increasingly Demand Both Wireless Connectivity And Power Efficiency Across Every Kind Of Electronic Platform » Both Companies Share Common Vision & Realize Enormity & Growth Potential of The Analog Power Management Semiconductor Market And I’m Excited About The Possibility of Us Joining Forces 4 |
![]() Skyworks May’11 Company Overview Skyworks View of Analog Market 5 |
![]() Transaction Timeline » Definitive Agreement Signed May’26 » Expect Legal Close of Transaction in July » Integration Effort Led by Tony (AATI) & Steve (SW) » Until Then AATI is an Independent Public Company & We Should Continue Running it as Such 6 |
![]() Implications » Geographic: SKW Has No Northern CA Office » Skillset: SKW Has Limited Power Mgt Capability » Products: Complementary; No Overlap » Customers: Many Common Customers, Many New Opportunities » Projects: Continue as We’re Doing Now » Integration: Planning Before Close, Activities Start After Close » Job Continuity: Will Come From Integration Plan 7 |
![]() Skyworks at a Glance 8 Skyworks May’11 Company Overview |
![]() Skyworks Financials 9 Skyworks May’11 Company Overview |
![]() Skyworks Financials FQ2’11 10 Skyworks May’11 Company Overview |
![]() Skyworks Cash 11 Skyworks May’11 Company Overview Note: Cash Has Been Reduced By Recent Acquisition of SiGi |
![]() Skyworks Strategy 12 Skyworks May’11 Company Overview |
![]() Skyworks Key Growth Engines 13 Skyworks May’11 Company Overview |
![]() Skyworks Mobile Customers 14 Skyworks May’11 Company Overview |
![]() Important Additional Information and Where You Can Find It » Additional Information and Where to Find It » Skyworks Solutions, Inc. (“Skyworks”) intends to file with the Securities and Exchange Commission (the “SEC”) a registration statement on Form S-4, which will include a proxy statement of AATI and a prospectus of Skyworks, as well as other relevant materials in connection with the proposed merger of AATI with a wholly owned subsidiary of Skyworks (the “Merger”), pursuant to which AATI would be acquired by Skyworks and Solutions, Inc. (“Skyworks”). The proxy statement/prospectus will contain important information about the proposed Merger and related matters. INVESTORS AND STOCKHOLDERS ARE URGED TO READ THIS FILING CAREFULLY WHEN IT BECOMES AVAILABLE. Investors and stockholders will be able to obtain free copies of these documents and other documents filed with the SEC when they become available through the web site maintained by the SEC at www.sec.gov. In addition, investors and stockholders will be able to obtain free copies of the documents filed by AATI with the SEC by contacting AATI’s Investor Relations at The Blueshirt Group, Lisa Laukkanen, at (415) 217-4967 or by accessing AATI’s investor relations website at http://www.analogictech.com. Investors and stockholders will be able to obtain free copies of the documents filed by Skyworks with the SEC by contacting Skyworks’ Investor Relations at (949) 231-4700, or by accessing Skyworks’ investor relations website at http://www.skyworksinc.com. » Participants in the Solicitation » Skyworks, AATI and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of AATI in connection with the proposed Merger. Information regarding the interests of these directors and executive officers in the transaction described herein will be included in the documents described above. Additional information regarding Skyworks’ directors and executive officers is contained in Skyworks’ proxy statement dated, and filed with the SEC on, April 7, 2011. Additional information regarding AATI’s directors and executive officers is also included in AATI’s Annual Report on form 10-K/A, which was filed with the SEC on May 2, 2011. These documents are available free of charge at the SEC’s web site at www.sec.gov and from Skyworks and AATI at the web sites and phone numbers listed above. » 15 |