(Reuters) – Microchip Technology Inc said it would acquire Taiwan’s ISSC Technologies Corp, which provides low-powered bluetooth technology for the Internet of Things, in a deal that values the company at about $328.5 million. The offer of $4.74 per share, or T$143, is at a premium of 16.7 percent to ISASC’s Wednesday close of $122.50. […]
(Reuters) – Microchip Technology Inc said it would acquire Taiwan’s ISSC Technologies Corp, which provides low-powered bluetooth technology for the Internet of Things, in a deal that values the company at about $328.5 million. The offer of $4.74 per share, or T$143, is at a premium of 16.7 percent to ISASC’s Wednesday close of $122.50. […]
(Reuters) – Chipmaker Microchip Technology Inc said it would buy Supertex Inc for $394 million in cash to bolster its business that supplies to the medical, LED lighting, industrial and telecommunication industries. The offer of $33 per share represents a premium of 35 percent to Supertex stock’s Friday closing price of $24.38. Supertex shares rose […]
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