# Renesas receives final regulatory approval for acquisition of IDT

Renesas Electronics Corporation and Integrated Device Technology (IDT) announced that CFIUS approval has been received, the last regulatory authorization needed. The acquisition is expected to close on March 29, 2019 PDT / March 30, 2019 JST.

- Type: Acquisition
- Announced: 2019-03-22
- Where: California, United States
- Value: $6.70B
- Status: announced
- Products: semiconductor solutions, analog mixed-signal products
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Renesas Electronics Corporation](https://endata.com/companies/19562.md) (acquirer)
- [Integrated Device Technology](https://endata.com/companies/22175.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/renesas-and-idt-announce-final-regulatory-approval-for-renesas-proposed-acquisition-of-idt-300817323.html), 2019-03-22: "The approval by CFIUS was the last outstanding regulatory authorization required to complete the transaction."
- [convergedigest.com](https://convergedigest.com/renesas-acquisition-of-idt-expected-to/), 2019-03-24: "The deal is expected to complete on March 29, 2019."
- [tradepractitioner.com](https://www.tradepractitioner.com/2019/03/cfius-renesas-electronics-integrated-device-technology/), 2019-03-29: "the parties were notified by the Committee on Foreign Investment in the United States that it had concluded its review of the transaction and determined that there are no unresolved national security concerns"
- [sec.gov](https://www.sec.gov/Archives/edgar/data/703361/000119312519093186/d929249dex991.htm), 2019-03-30: "Together with IDT, Renesas will now deliver an even broader range of leading-edge technology and embedded solutions"
- [bisinfotech.com](https://www.bisinfotech.com/renesas-electronics-completes-idt-acquisition/), 2019-03-30: "Renesas Electronics and Integrated Device Technology jointly announced the successful completion of Renesas’ acquisition of IDT."
- [thefreelibrary.com](https://www.thefreelibrary.com/Renesas+Closes+USD+6.7bn+Acquisition+of+Integrated+Device+Technology.-a0580820293), 2019-04-01: "The acquisition combines two leaders in embedded processors and analog mixed-signal semiconductors."
- [eenewseurope.com](https://www.eenewseurope.com/en/renesas-to-acquire-idt/), 2019-04-01: "Together with IDT, Renesas will now deliver an even broader range of leading-edge technology and embedded solutions"
- [mergersight.com](https://www.mergersight.com/post/renesas-acquisition-idt), 2019-04-24: "The combination of Integrated Device Technology’s analog mixed-signal leadership with Renesas’ world-leading microcontroller and automotive/industrial franchise creates a new global powerhouse"
- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/213628.html), 2019-06-23: "Renesas announced it has successfully completed the acquisition of IDT on March 30."

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