) Outperform rating in a research report published today. In the report, FBR Capital Markets states, "This morning, Microsemi announced its intent to acquire Zarlink Semiconductor, Inc.(ZL.TO-Not Rated) for C$3.35, or about $490M after accounting for Zarlink's roughly $50M of net cash. This purchase price equates to roughly a 2.1x EV/Sales multiple (2011), in line with Microsemi (2.2x EV/Sales). We estimate acquiring Zarlink could be $0.30-$0.35 accretive to Microsemi's EPS in calendar 2012, a positive." Shares of Microsemi were trading at $19.75 at the time of posting, down 0.95% from Tuesday's market close.