Infineon to Acquire Wolfspeed for $850M

Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and Cree, Inc. (Nasdaq: CREE) announced today that Infineon has entered into a definitive agreement to acquire the Wolfspeed Power and RF division (“Wolfspeed”) of Cree. The deal also includes the related SiC wafer substrate business for power and RF power. The purchase price for this planned…

Cavium to Acquire QLogic

San Jose, Calif. – Cavium, Inc. (NASDAQ:CAVM) (“Cavium”), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, and QLogic Corp. (NASDAQ:QLGC) (“QLogic”), a leading supplier of high performance networking infrastructure solutions, today announced that they have entered into a definitive agreement for Cavium to acquire all of the outstanding QLogic common stock…

Datwyler to Acquire Premier Farnell

Datwyler to acquire Premier Farnell for an enterprise value of CHF1,0921 million in a recommended all-cash offer. Today, the boards of Dätwyler Holding AG (“Datwyler”) and Premier Farnell plc (“Premier Farnell”) have reached agreement on the terms of a recommended all-cash offer by Datwyler for the entire issued and to be issued share capital of…

Molex Buys Interconnect Systems

Lisle, Ill. – Molex, a leading global manufacturer of electronic solutions, announced today the acquisition of Interconnect Systems, Inc. (“ISI”) which specializes in the design and manufacture of high density silicon packaging with advanced interconnect technologies. According to Tim Ruff, senior vice president, Molex, the acquisition enables Molex to offer a wider range of fully integrated…

Premier Farnell to Sell Akron Brass

Premier Farnell plc (“Premier Farnell”) today announces that, together with its wholly owned subsidiaries, Celdis Limited and Premier Farnell Corp., it has entered into a conditional agreement with respect to the sale of Akron Brass Holding Corp. (“Akron Brass”) to IDEX Corporation for cash consideration of US$224.2 million (the “Disposal”). Highlights Total consideration of US$224.2…

Microchip Bid for Atmel ‘Superior’

Chandler, Ariz. — Microchip Technology Incorporated (NASDAQ: MCHP), a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions today announced that it was informed last night that the Board of Directors of Atmel Corporation (NASDAQ: ATML) had determined that Microchip’s  proposal to acquire Atmel for $8.15 per share in a cash and stock transaction constitutes a “Superior Proposal”…

Intel Completes Acquisition of Altera

Santa Clara, Calif. – Intel Corporation (“Intel”) today announced that it has completed the acquisition of Altera Corporation (“Altera”), a leading provider of field-programmable gate array (FPGA) technology. The acquisition complements Intel’s leading-edge product portfolio and enables new classes of products in the high-growth data center and Internet of Things (IoT) market segments. “Altera is…

Rogers Sells EMD Business

CriticalPoint Capital, LLC (“CPC”), the investment affiliate of CriticalPoint Partners, LLC, announced today that it has acquired the Electronic Materials Division (“EMD”) from the Rogers Corporation (“Rogers”). This division was previously acquired as part of Rogers’ acquisition of Arlon, LLC in January 2015. The company will be renamed Arlon EMD. Arlon EMD is a leading manufacturer of…

TDK to Acquire Micronas

TDK Corporation (“TDK”, TSE: 6762) and Micronas Semiconductor Holding AG (“Micronas”, SIX: MASN) jointly announced today that the two companies have entered into a definitive agreement pursuant to which TDK will launch an all cash public tender offer for all publicly held registered shares of Micronas for CHF 7.50 per share. On a fully diluted…