English
Renesas Sets Sights on Intersil
EE Times
8/23/2016 01:00 AM EDT
MADISON, Wis. — The Japanese economic newspaper Nikkei, reported early Monday that Renesas Electronics is “in the final stages of negotiations to acquire Intersil.”
Neither Renesas nor Intersil is confirming the report at this time. When reached by EE Times, both companies declined to comment.
The Japanese newspaper reported that Renesas “is expected to spend up to 300 billion yen ($3 billion)” on the deal.
The genesis of the deal is believed to be Renesas’ desire to bolster its position in the global automotive chip market.
|
E-mail This Article | 
|
|
Printer-Friendly Page |
Related News
- Renesas to Acquire Intersil to Create the World's Leading Embedded Solution Provider
- Vennsa Technologies Sets Sights on Moving Chip Verification Beyond Debug
- Stratosphere Solutions Sets Sights on Design For Yield Market With Launch of StratoPro
- Ittiam sets sights on becoming India's DSP leader
- Renesas Unveils Industry's First Automotive Multi-Domain SoC Built with 3-nm Process Technology
Breaking News
- Ubitium Debuts First Universal RISC-V Processor to Enable AI at No Additional Cost, as It Raises $3.7M
- TSMC drives A16, 3D process technology
- Frontgrade Gaisler Unveils GR716B, a New Standard in Space-Grade Microcontrollers
- Blueshift Memory launches BlueFive processor, accelerating computation by up to 50 times and saving up to 65% energy
- Eliyan Ports Industry's Highest Performing PHY to Samsung Foundry SF4X Process Node, Achieving up to 40 Gbps Bandwidth at Unprecedented Power Levels with UCIe-Compliant Chiplet Interconnect Technology
Most Popular
- Cadence Unveils Arm-Based System Chiplet
- CXL Fabless Startup Panmnesia Secures Over $60M in Series A Funding, Aiming to Lead the CXL Switch Silicon Chip and CXL IP
- Esperanto Technologies and NEC Cooperate on Initiative to Advance Next Generation RISC-V Chips and Software Solutions for HPC
- Eliyan Ports Industry's Highest Performing PHY to Samsung Foundry SF4X Process Node, Achieving up to 40 Gbps Bandwidth at Unprecedented Power Levels with UCIe-Compliant Chiplet Interconnect Technology
- Arteris Selected by GigaDevice for Development in Next-Generation Automotive SoC With Enhanced FuSa Standards