# Microchip Technology acquires 100% of Instigate Semiconductor CJSC

Microchip Technology Inc. acquired 100% of the shares of Instigate Semiconductor CJSC, an Armenian company specializing in EDA projects for FPGA design. The acquisition follows a two-year cooperation that began with the founding of Instigate Semiconductor in 2020.

- Type: Acquisition
- Announced: 2023-05-30
- Where: Armenia (Vanadzor, Gyumri, Ijevan), Armenia
- Status: completed
- Products: EDA projects for FPGA design and development
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Microchip Technology](https://endata.com/companies/23471.md) (acquirer)
- [Instigate Semiconductor](https://endata.com/companies/70542.md) (target)

## Sources

- [oratert.am](https://oratert.am/article/85525/en), 2023-05-30: "100% of the shares is acquired by Microchip Technology Inc"

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