Microchip Completes Supertex Buy

Microchip Technology Incorporated (NASDAQ: MCHP) (“Microchip”) and Supertex, Inc. (NASDAQ: SUPX) (“Supertex“) today announced that Microchip has completed its previously announced acquisition of Supertex following approval of the transaction by Supertex shareholders at Supertex’s special meeting of shareholders held today. Approximately 98.4% of the Supertex shares that voted were voted in favor of the merger…

Microchip Acquires Supertex

Microchip Technology Incorporated (NASDAQ:MCHP) www.microchip.com,  a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, and Supertex Incorporated (NASDAQ: SUPX) today announced that Microchip has signed a definitive agreement to acquire Supertex for $33 per share in cash, which represents a total equity value of about $394 million, and a total enterprise value of about…