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.
Integrated Device Technology (IDT), a Renesas subsidiary, announced it now offers Avalanche Technology's magnetic RAM (MRAM) devices to complement its range of power, sensor, timing and microcontroller devices for industrial automation, IoT and medical device markets.
Renesas completed its acquisition of Integrated Device Technology (IDT), making IDT a wholly owned subsidiary. The deal combines Renesas' microcontrollers and SoCs with IDT's RF, timing, and sensor solutions.
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.
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.
Integrated Device Technology announced it is providing power management ICs to Toshiba Memory Corporation for its new flagship enterprise solid state drive solutions. The scalable multiphase power management solutions are tailored to the power requirements of various SSDs.
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.
Integrated Device Technology (IDT) completed the acquisition of GigPeak, Inc. through a tender offer, as previously announced on February 13, 2017.
Integrated Device Technology (IDT) entered into a definitive agreement to acquire GigPeak through a tender offer at $3.08 per share in cash.