# Microchip Technology in advanced talks to buy Microsemi

Microchip Technology Inc is in advanced talks to acquire Microsemi Corp, with a deal valuing Microsemi roughly in the mid-$60s a share, according to the Wall Street Journal.

- Type: Acquisition
- Announced: 2018-02-27
- Where: Chandler, Arizona and Aliso Viejo, California, United States
- Value: $8.30B
- Status: rumored
- Products: semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Microsemi Corp.](https://endata.com/companies/23390.md) (target)
- [Microchip Technology](https://endata.com/companies/23471.md) (acquirer)

## Sources

- [reuters.com](https://www.reuters.com/article/brief-microchip-nears-deal-to-buy-micros/brief-microchip-nears-deal-to-buy-microsemi-wsj-idUSFWN1QG0X5/?feedName=companyNews&feedType=RSS), 2018-02-27: "Microchip Technology Inc is in advanced talks to buy Microsemi Corp"
- [spacedaily.com](https://spacedaily.com/microchip-technology-buys-rival-for-83-bn-999/), 2018-02-28: "Microchip and Microsemi have a strong tradition of delivering innovative solutions to demanding customers and markets."
- [omm.com](https://www.omm.com/news/press-releases/o-melveny-represents-microsemi-in-us-1015-billion-agreement-to-be-acquired-by-microchip/), 2018-03-01: "Microchip will acquire Microsemi for $68.78 per share in cash, representing a total enterprise value of approximately US$10.15 billion."
- [ir.microchip.com](https://ir.microchip.com/news-events/press-releases/detail/415/microchip-technology-to-acquire-microsemi), 2018-03-01: "We are delighted to welcome Microsemi to become part of the Microchip team and look forward to closing the transaction and working together to realize the benefits of a combined team pursuing a unified strategy."
- [globenewswire.com](https://www.globenewswire.com/news-release/2018/03/01/1409430/0/en/Microchip-Technology-to-Acquire-Microsemi.html), 2018-03-01: "We are delighted to welcome Microsemi to become part of the Microchip team and look forward to closing the transaction and working together to realize the benefits of a combined team pursuing a unified strategy."
- [electronics360.globalspec.com](https://electronics360.globalspec.com/article/11288/microchip-to-buy-microsemi-in-mega-deal-worth-8-35-billion), 2018-03-02: "The acquisition will allow Microchip to combine its embedded control market devices with Microsemi’s power, security and performance ICs."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/310568/000119312518068178/d545439d8k.htm), 2018-03-02: "Stockholders will receive $68.78 for each share of Microsemi Corporation stock that they hold."
- [ir.microchip.com](https://ir.microchip.com/news-events/press-releases/detail/411/microchip-technology-announces-receipt-of-antitrust-clearance-in-u-s-for-its-acquisition-of-microsemi), 2018-04-13: "Microchip anticipates that the merger will be completed in June 2018."
- [ir.microchip.com](https://ir.microchip.com/sec-filings/all-sec-filings/content/0001193125-18-169178/d586812dex992.htm), 2018-05-21: "On March 1, 2018, we entered into an Agreement and Plan of Merger by and among Microchip Technology Incorporated, ... and Microsemi Corporation."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.