Derek Grant Espn,
Anne Maguire Belfast,
The Tommy Tiernan Show,
Martin St-louis Mom,
Everton Pes 2020,
Guess T-shirt Men's,
Hermitage Bay Antigua,
Is Hanover College A Party School,
Odds Are Music Video,
Tyler Ennis Salary,
Open Banking Providers,
How Many Grandchildren Does Joe Biden Have,
The Jam - Sound Affects,
How Old Is Madeleine Mccann 2020,
Twin Room Meaning Hotel,
Buster Bluth Army,
Gmail Com Ssl,
Amazon Echo Jailbreak,
Landon Collins' Mom,
Arduously In A Sentence,
Nina Simone: Mississippi Goddam Carnegie Hall,
George Best Goals,
Supreme Court Daca Vote,
Estee Lauder Maximum Cover Vs Double Wear,
Luca Oriel Age,
Aussie Rules Football Standings,
Haywire Twist Copper Line,
Amcrest View Pro Login,
Silicon Crystal Structure 3d Model,
Radiohead - Creep Other Recordings,
Epa Spanish Expression,
Online Modeling Sites,
Is Hyundai Stock A Good Buy,
Alexa Online Simulator,
Amazon Fire Tv Box Review,
Can I Change My Msn Email Address,
Remo+ 's Not Connecting To Wifi,
Best Yorkton Restaurants,
Character Of A Person Quotes,
My Hermes Contact,
2018 Milwaukee Bucks,
Aurelie Fonjo 2019,
Musicals Charlotte Nc 2020,
Noose Around Your Neck Song,
How Old Was George Blanda When He Died,
Jason Butler Harner,
Jerry Nadler Wife Cancer,
Best Catholic College For Engineering,
Nhl Team Stats 2019-2020,
League Of Legends Custom Shop,
Nando's Promo Code,
Do You Miss Me Darlin'?,
Trump Deporting Green Card Holders,
Ilo Upsc Notes,
Is The Great Cycle Challenge Legitimate,
David Leon 2019,
BTS Maknae Line FMV,
Apoorva Mehta Instacart Wife,
Journey Raised On Radio Live Dvd,
Can Daca Recipients Get Sponsored By Employer,
Aruba Country Language,
June 8 Premium Processing,
What To Do In Trieste,
Toronto Maple Leafs Logo Png,
Cj Beathard Number,
Kodak Vision3 500T Developing,
Marquise Goodwin Olympics 2020,
Ian Desmond Contract,
Mourning Grave Imdb,
Uber-like Map Android Github,
British Citizenship Test 6,
Environmental Science Internships,
Duracell Stock Prices,
Cic Email Address,
Larry Merlo Email,
Medical Radiation Accidents,
Liverpool Badge Png,
Tarte Face Tape Foundation Shades,
Diamond Cut Chain Men's,
Renesas will pay $22.50 a share for the U.S. chip maker, a premium of about 43.9% to the company’s Aug. 19 closing price, the last trading day before the company said it was in talks with Intersil. Renesas has a market capitalization of about $20 billion, while Maxim is valued at more than $16 billion.A transaction would continue a multiyear wave of semiconductor consolidation driven by scale efficiencies, increasing demand from car companies and the rising costs of chip fabrication. The completion of the Intersil Corporation acquisition in February 2017 enabled Renesas to add industry-leading power management and precision analog capabilities to its product portfolio. “With the close of this acquisition, Renesas has transformed into an industry powerhouse with one of the most comprehensive set of advanced embedded solutions. The transaction is expected to immediately increase Renesas’ gross and operating margins and be accretive to Renesas’ non-GAAP earnings per share and free cash flows after closing.The content in the press release, including, but not limited to, product prices and specifications, is based on the information as of the date indicated on the document, but may be subject to change without prior notice.
Renesas beat out Maxim in 2016 to acquire Intersil, a semiconductor company whose chips are used in mobile and infrastructure applications, for $3.2 billion.
This follows July's announcement that Analog Devices (ADI) will acquire Linear Technology Corp. (LTC) for $14.8 billion. Renesas announces the completion of its acquisition of Intersil. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners."I am excited to welcome the Intersil employees into the Renesas Group and look forward to building a robust organization that will bring the capabilities of both companies to bear to proactively address changing market dynamics and customer needs," said Bunsei Kure, Representative Director, President and CEO of Renesas Electronics Corporation.
Renesas beat out Maxim in 2016 to acquire Intersil, a semiconductor company whose chips are used in mobile and infrastructure applications, for $3.2 billion. The acquisition combines two long-standing industry leaders in their respective segments.
Now the … All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.“I am excited to welcome the Intersil employees into the Renesas Group and look forward to building a robust organization that will bring the capabilities of both companies to bear to proactively address changing market dynamics and customer needs,” said Bunsei Kure, Representative Director, President and CEO of Renesas Electronics Corporation. Renesas Electronics Corporation and Intersil Corporation announced the completion of Renesas’ acquisition of Intersil Corporation.
The previous Intersil was formed in August 1999 through the acquisition of the semiconductor business of Harris Corporation. As of February 24, 2017, Intersil is a subsidiary of Renesas. We believe that this compelling and complementary combination will enable significant synergies and cross-selling opportunities and contribute to creating superior value for our customers and stakeholders." Intersil Corporation (NASDAQ: ISIL), a wholly owned subsidiary of Renesas Electronics Corporation, is a leading provider of innovative power management and precision analog solutions. Together, Renesas’ and Intersil’s deep expertise across a number of state-of-the-art technologies and end markets will enable the combined company to become a complete solution provider of …