In earnings last night, TXN (-2.0%) and ALTR (-0.3%) lowered guidance on their mid-qtr updates. Elsewhere, CMTL (-3.3%) posted a Q1 beat.
In news, BCSI (+44.2%) announced that it has entered into a definitive agreement to be acquired by an investor group led by Thoma Bravo in a transaction valued at ~$1.3 bln or $25.81/share.
Among notable analyst ratings changes this morning, ALU (+5.5%) was upgraded to Outperform at Bernstein.
There are no notable names in tech scheduled to report results today after the close.






