Renesas Electronics Corporation

Renesas Electronics agreed to acquire Integrated Device Technology (IDT) for $6.7bn in cash, at $49 per share, to strengthen its semiconductor portfolio for self-driving vehicles and IoT. The deal was expected to close in the first half of 2019.

Renesas Electronics announced that former Integrated Device Technology (IDT) has begun operating under the name Renesas Electronics America Inc. as of January 1, 2020, following the acquisition completed on March 30, 2019.

Renesas Electronics completed its acquisition of Dialog Semiconductor for approximately EUR 4.8 billion, combining their embedded solutions for IoT, industrial, and automotive markets.

SiTime Corporation and Renesas Electronics Corporation announced a definitive agreement for SiTime to acquire certain assets related to Renesas' timing business, including clocking products, to accelerate SiTime's path to $1 billion revenue.

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.

Citing the IC industry slowdown, Renesas will temporarily halt production at 13 of its 14 production facilities.

Renesas Electronics Corporation and Integrated Device Technology (IDT) received clearance from China's State Administration for Market Regulation for their planned merger, announced on September 10, 2018. IDT will merge into a Renesas subsidiary.

Renesas Electronics has signed a definitive agreement to acquire Integrated Device Technology (IDT) for $49.00 per share in cash, representing an equity value of approximately $6.7 billion. The acquisition combines Renesas' embedded processors with IDT's analog mixed-signal products.

Renesas Electronics Corp is considering buying U.S. chipmaker Integrated Device Technology Inc (IDT) to strengthen its business in chips for self-driving cars. The deal could be worth as much as $6 billion.

SiTime Corporation has signed a definitive agreement to acquire certain assets related to Renesas Electronics Corporation's timing business, accelerating SiTime's path to $1 billion of revenue.

Renesas Electronics Corporation announced the integration of Intersil Corporation as a legal entity and a new branding policy. Effective January 1, 2018, Intersil Corporation will operate under the name Renesas Electronics America Inc.

Renesas announced that Intersil Corporation will be merged into Renesas Electronics America Inc. in January 2018, and the Intersil name will be dropped.

Dialog Semiconductor was selected as a preferred power solution provider for Renesas' R-Car H3 automotive platform, supplying a power management chipset.

Japanese chipmaker Renesas Electronics announced the acquisition of US semiconductor manufacturer Intersil for about $3.2 billion, or $22.50 per share, expected to close in the first half of 2017.

Renesas Electronics completed its acquisition of Intersil Corporation, integrating it into a new broad-based business unit focused on multimarket semiconductors, effective April 1, 2017.

Renesas Electronics Corporation received final regulatory approval from the Committee on Foreign Investment in the United States for its acquisition of Intersil Corporation. The merger is expected to close on February 24, 2017.

Intersil Corporation stockholders approved the merger agreement with Renesas Electronics Corporation. The transaction is expected to close during the first half of 2017, subject to regulatory approvals.

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.