Japan’s Renesas Electronics to Buy U.S. Chipmaker For $3.2 Billion — Fortune

(Reuters) – Japan’s Renesas Electronics said on Tuesday it will buy U.S. chipmaker Intersil for $3.22 billion amid a wave of consolidation in the global semiconductor industry. Renesas, which controls nearly 40% of the global market for microcontroller chips used in automobiles, aims to complete the cash transaction by June 2017 to fully control the…

via Japan’s Renesas Electronics to Buy U.S. Chipmaker For $3.2 Billion — Fortune

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Please share your community meetings and events with "Take a Look in Debbies Window", to bloggingthenews4u@gmail.com to be posted on the “Community Bulletin Board” for all to see, to be able attend and support your community events. Thank you
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