NEW YORK, Feb. 9 /PRNewswire/ -- Tessera Technologies Inc. will replace Financial Federal Corp. in the S&P SmallCap 600 index after the close of trading on Thursday, February 18. Financial Federal is being acquired by S&P 500 constituent People's United Financial Inc. in a deal expected to close on or about that date, pending final approvals.
Standard and Poor's will monitor this transaction, and post any relevant updates on its website: http://www.standardandpoors.com/.
Tessera Technologies develops and licenses miniaturization technologies for the electronics industry. Headquartered in San Jose, CA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Semiconductor Equipment Sub-Industry index.
S&P SMALLCAP 600 INDEX - ------------------------ February 18, 2010 ----------------- GICS ECONOMIC COMPANY SECTOR GICS SUB-INDUSTRY ------- -------- ----------------- Tessera Information Semiconductor ADDED Technologies Technology Equipment ----- ------------- ------------ -------------- Financial Specialized DELETED Federal Financials Finance ------- ---------- ---------- ------------
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