# Microchip Technology to acquire Instigate Semiconductors, open branch in Armenia

Microchip Technology will open a branch in Armenia by acquiring Instigate Semiconductors. The acquisition follows a two-year agreement to build a team of specialists in Armenia.

- Type: Acquisition
- Announced: 2022-04-06
- Where: Armenia, Armenia
- Status: announced
- Products: microchips, software
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Microchip Technology](https://endata.com/companies/23471.md) (acquirer)
- [Instigate Semiconductors](https://endata.com/companies/62149.md) (target)

## Sources

- [investin.am](https://investin.am/news/american-microelectronics-manufacturer-microchip-technology-with-a-market-capitalization-of-45-billion-will-open-a-branch-in-armenia/), 2022-04-06: "Microchip Technology is interested in implementing programs in the Armenian market and plans to carry out activities in such areas as software, microchip production, and industry education."

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