Microchip agrees to acquire Microsemi for USD 8.35 bln

Friday 2 March 2018 | 09:11 CET | News
Microchip Technology has announced a deal to acquire California-based semiconductor company Microsemi for a total equity value of USD 8.35 billion, or USD 10.15 billion including debt. Microsemi makes chips for the aerospace, communications, data centre and defence markets while Microchip specialises in semiconductors for the industrial, auto and home-appliance markets. "Joining forces and combining our complementary product portfolios and end market exposure will offer our customers a richer set of solution options to enable innovative and competitive products for the markets they serve,"

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Categories: General
Companies: Microchip Technology / Microsemi
Countries: World
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