Renesas to acquire Intersil for $3.22 billion

Renesas Electronics Corporation announced a definitive agreement to acquire Intersil Corporation for approximately US$3.22 billion. The acquisition is expected to close in the first half of 2017, subject to regulatory approvals including CFIUS.

“the combined entity will be well positioned to address some of the most exciting opportunities in key areas such as automotive, industrial, cloud computing, healthcare, and the Internet of Things (IoT).”natlawreview.com

• 1 source
• natlawreview.comRenesas Electronics Corp. and Intersil Corp.: Upcoming/New CFIUSBio, ArticlesNov 5, 2016

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