Renesas agrees to acquire US chipmaker Integrated Device Technology for USD6.7 billion
Japanese company expects the acquisition to expand its presence in the automotive industry
Renesas Electronics has signed a definitive agreement to acquire US-based chipmaker Integrated Device Technology (IDT) for USD6.7 billion, the Japan-based semiconductor company said in a press release today (11 September).
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here