NEW YORK, Sept. 14 /PRNewswire/ -- Monolithic Power
Systems, Inc. (Nasdaq: MPWR) will replace Micrus Endovascular Corp.
(Nasdaq: MEND) in the S&P SmallCap 600 index after the close of
trading on Friday, September 17.
Micrus Endovascular is being acquired by S&P 100 &
500 constituent Johnson & Johnson (NYSE: JNJ) in a deal
expected to close soon, pending final approvals.
Standard & Poor's will monitor this transaction, and post
any relevant updates on its website: www.standardandpoors.com.
Monolithic Power Systems, Inc. designs, develops, manufactures,
and markets analog and mixed-signal semiconductors. Headquartered
in San Jose, CA, the company will
be added to the S&P SmallCap 600 GICS (Global Industry
Classification Standard) Semiconductors Sub-Industry index.
Following is a summary of the change:
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S&P SMALLCAP 600 INDEX
– September 17, 2010
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COMPANY
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GICS ECONOMIC SECTOR
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GICS SUB-INDUSTRY
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ADDED
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Monolithic Power
Systems
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Information
Technology
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Semiconductors
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DELETED
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Micrus Endovascular
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Health Care
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Health Care Equipment
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SOURCE Standard & Poor's
Copyright . 14 PR Newswire