Intersil Corporation

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.

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.