Following the announcement by Advanced Analogic Technologies Inc. that it agreed to a takeover of Advanced Analogic Technologies Incorp by Skyworks Solutions, Inc an investigation on behalf of investors of Advanced Analogic Technologies Incorp. (Public, NASDAQ:AATI) was announced concerning whether the proposed acquisition is unfair to AATI stockholders and whether certain directors and officers breached their fiduciary duties.

The investigation by a law firm concerns whether certain directors and officers at C Advanced Analogic Technologies Incorp. or others breached their fiduciary duties in connection the proposed takeover.

On May 26, 2011, after the market closed Advanced Analogic Technologies Inc. announced that Skyworks Solutions, Inc. (NASDAQ:SWKS) signed an agreement to purchase Advanced Analogic Technologies Incorporated (NASDAQ:AATI). Under the terms of the proposed transaction Skyworks Solutions, Inc intends to acquire Advanced Analogic Technologies for a nominal price of $6.13 per share. The $6.13 nominal share price consists of $3.68 per share in cash and 0.08725 of a share of Skyworks Solutions, Inc. (NASDAQ:SWKS) common stock for each outstanding share of Advanced Analogic Technologies common stock. The amount of stock is based upon the average closing price of Skyworks common stock over the 30-trading days prior to May 26, 2011. Advanced Analogic Technologies Inc said the offer represents a 52 percent premium to Advanced Analogic Technologies' 30-day trailing average.
Following the buyout announcement shares of Advanced Analogic Technologies Incorp. (AATI) jumped from $3.90 on Thursday to $6.03 on Friday, May 27, 2011.

However, recent historic AATI share prices have been significantly higher than the current offer. AATI stock traded as high as $12.13 in 07 and as high as $9.42 in 08. In addition Advanced Analogic Technologies financial performance increased over the past years. Advanced Analogic Technologies 12months Total Revenue rose from $86.51million in 09 to $94.06million in 2010.

Therefore the investigations monitor the proposed transaction and concern whether the Advanced Analogic Technologies Board of Directors undertook an adequate and fair sales process to obtain fair and maximized consideration for all shareholders of Advanced Analogic Technologies Incorp. (NASDAQ:AATI) and in particular breached their fiduciary duties to Advanced Analogic Technologies (AATI) shareholder by failing to adequately shop the Company before entering into the transaction.
The investigation concerns also whether Skyworks Solutions, Inc would underpay for NASDAQ:AATI shares, thus unlawfully harming AATI stockholders. A potential securities class action lawsuit would seek to maximize the amount of money and information NASDAQ:AATI shareholders would receive in a buyout, so the law firm.