Paul M. Bridger

International Rectifier Corp. designs, manufactures and markets power management semiconductors. Its semiconductors are used in a variety of applications, such as Automotive, Networking, Industrial Motors, Display, Consumer Electronics, Servers, Personal Computers, Game Stations, Telecommunications, Household Appliance, Satellites and Renewable Energy. The company operates its business through six segments: Power Management Devices, Energy-Savings Products, Automotive Products, Enterprise Power, HiRel and Intellectual Property. The Power Management Devices segment provides power MOSFETs within the power management semiconductor industry for a range of applications, including power supply, data processing, telecommunications, industrial, and commercial battery-powered systems. Its key products include Trench HEXFET MOSFETs, Discrete HEXFET MOSFETs, Dual HEXFET MOSFETs, FETKYs and DirectFETs. The Energy-Savings Products segment provides integrated design platforms that enable its customers to add energy-conserving features. Its key products include analog HVICs and IGBT platforms, digital control ICs and IRAM integrated power modules. The Automotive Products segment provides energy saving solutions to automotive systems. It supplies products to various automotive applications ranging from AC and DC motor drives of all power classes, actuator drivers, automotive lighting and direct fuel injection for diesel and gasoline engines. The Enterprise Power segment is focused on data center applications such as servers, storage, routers and switches, notebooks, graphics cards, gaming consoles and other computing and consumer applications. Its products include DirectFET discrete products, CHil digital PWM controllers, power monitoring products, XPhase, SupIRBuckTM, iPOWIR voltage regulators, Low voltage ICs, and PowIRstagesTM. The HiRel segment provides high reliability power components and sub-assemblies designed to address power management requirements in mission critical applications such as satellites, launch vehicles, aircraft, ships and submarines. Its products include RadHard Discretes, Power Management Modules and DC-DC Converters. The Intellectual Property segment includes revenues from the sale of the company's technologies and manufacturing process know-how. International Rectifier was founded by Eric Lidow and Leon Lidow in August 1947 and is headquartered in El Segundo, CA.

QVT Financial LP is an independent, SEC-registered investment advisor and hedge fund manager headquartered in New York City. The firm was founded in 2003 by Daniel Gold. QVT Financial provides administrative and/or investment management services to private funds including US limited partnerships, non-US limited partnerships and non-US Corporation.