Cypress Semiconductor Increases All-Cash Offer for Ramtron International to $2.88 Per Share

Cypress Semiconductor Corporation

today announced that it has increased its all-cash offer to acquire all of the outstanding stock of Ramtron International Corporation

to $2.88 per share from $2.68 per share. The increased offer represents a 59% premium over Ramtron's closing price of $1.81 per share on June 11, 2012, the day before Cypress publicly disclosed its offer for Ramtron.