Renesas to acquire Intersil for ~$3.2B; looking to lead in automotive, industrial, IoT system solutions

Green Car Congress
By mmillikinSep 14, 2016, 3:50 am104 pts
Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, and Intersil Corporation, a leading provider of innovative power management and precision analog solutions, signed a definitive agreement for Renesas to acquire Intersil for US$22.50 per share in cash, representing an…

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