Samsung Electronics confirmed on Tuesday that it is planning to invest more than $1 billion in its chip manufacturing facilities in Texas.
Microchip Technology
Breaking News
Microchip technology Inc. bought rival chipmaker Atmel Corp. for a price of $3.56 billion. This acquisition beats other bidder Dialog Semiconductor PLC due to its sudden share price drop.
Qualcomm Inc (QCOM.O) has agreed to buy chip maker CSR Plc (CSR.L) for $2.5 billion, pushing out its rival Microchip Technology (MCHP.O) to win the British bluetooth specialist.
Britain's CSR (CSR.L) has rebuffed an approach from Microchip Technology (MCHP.O), saying that the undisclosed price proposed by Microchip was not enough if its U.S. rival wants to bolster its role in the "Internet of Things" with the chipmaker's radio technology.
Acquisition Will Expand Microchip’s Smart Connectivity Solutions for Embedded Markets
Subscribe to VCpost newsletter
Most Popular
- Walgreens to Open a New Pharmacy Offering Cell and Gene Therapies to Patients With Chronic Diseases Like Cancer
- Walmart Founder's Son Rob Walton to Step Down From Board
- SSI Payment for May 2024: Supplemental Security Income Recipients to See Double Amount in Payout
- How to Apply for Social Security Spousal Benefits; Here's How You May Boost Your Money!
- How to Get IRS Unclaimed Tax Refunds: Here's What to Do If You Think You Have Pending Payments
- Doctors Raise Concerns Over Proposed Capital Gains Tax Changes
- US Secretary of State Antony Blinken Calls on China to Treat American Companies Fairly During Visit to Shanghai
- Kroger and Albertsons to Sell off 166 Stores in Effort to Gain Approval for Their $25 Billion Merger