Item 2.01 Completion of Acquisition or Disposition of Assets

On June 29, 2009, Integrated Device Technology, Inc., a Delaware corporation ("IDT"), consummated the acquisition (the "Acquisition") of Tundra Semiconductor Corporation, a corporation incorporated under the laws of Canada ("Tundra"), pursuant to the Arrangement Agreement, dated as of April 30, 2009, by and among IDT, 4440471 Canada Inc., a corporation incorporated under the laws of Canada and a wholly owned subsidiary of IDT and Tundra, whereby Tundra became an indirect, wholly owned subsidiary of IDT. Pursuant to the Arrangement Agreement and the Plan of Arrangement implemented in connection therewith, total consideration to be paid for each Tundra common share is CDN $6.25 per share. The total aggregate consideration for the Acquisition consists of approximately CDN $120.8 million in cash, funded by IDT's existing cash on hand. In addition, as part of the consideration in the Acquisition, (i) IDT assumed options to purchase up to 802,850 shares of IDT common stock and (ii) Tundra made a payment of approximately CDN $1.83 million in connection with the cash-out of specified "in-the-money options" to purchase Tundra common stock and restricted share units.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

2.1 Arrangement Agreement, dated as of April 30, 2009, by and among Integrated Device Technology, Inc., 4440471 Canada Inc. and Tundra Semiconductor Corporation, filed as Exhibit 2.1 to the Company's Current Report on Form 8-K on April 30, 2009, is hereby incorporated by reference.

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