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…

Pericom OKs Diodes Bid

Pericom Semiconductor Corporation (“Pericom” or the “Company”) (NASDAQ: PSEM) announced today that, based on a preliminary count of the votes cast at the Company’s Special Meeting of Shareholders held this morning, Pericom shareholders have approved the previously announced Agreement and Plan of Merger between Diodes Incorporated (“Diodes”) (NASDAQ: DIOD) and Pericom (the “Agreement”). Based on…

ON Semiconductor to Acquire Fairchild for $2.4 Billion in Cash

ON Semiconductor Corporation (Nasdaq: ON) (“ON Semiconductor”) and Fairchild Semiconductor International Inc. (Nasdaq: FCS) (“Fairchild”) today announced that they have entered into a definitive agreement for ON Semiconductor to acquire Fairchild for $20.00 per share in an all cash transaction valued at approximately $2.4 billion. The acquisition creates a leader in the power semiconductor market…