Renesas acquires integrated device technology for $ 6.7 billion

... to expand its position in the world market for embedded solutions. Integrated device technology is specialized in high-performance computer applications. 25-29April2022inHannover 25-29April2022 Dashboard Login MyAccount MyProfile FavoritesList MyRecommendations NewsService LOGOUT LOGOUT LOGOUT Login Expo TopicsReviewExhibitors&Products2021LeadThemeIndustrialTransformationPartnerCountry SideEvents News News&Articles IndustryTrendsNewsletterSocialWall ForVisitors TicketsÖffnungszeitenTravelAccommodation&StayHallPlanTradeVisitorTips ForExhibitors BecomeanExhibitorDisplayCategoriesHallPlanParticipationOptionsSideEventsServicesforExhibitorsTravelAccommodation&Stay Press PressReleasesPressEventsImages&VideosAccreditationOurPressTeamMediaPartner Aboutus AbouttheShowHANNOVERMESSEworldwideHM21AfterShowReportContactusPartners Exhibitors&Products Trade&Invest Renesasacquiresintegrateddevicetechnologyfor$6.7billion TheJapanesesemiconductormanufacturerRenesasElectronicsCorporationaimstoexpanditspositionintheworldmarketforembeddedsolutions.Integrateddevicetechnologyisspecializedinhigh-performancecomputerapplications. 25Sep2018 BarbaraRusch Share Renesasacquiresintegrateddevicetechnologyfor$6.7billion(Picture:RenesasElectronicsCorporation) RenesasElectronicsCorporation andUS-based IntegratedDeviceTechnology (IDT)announcedthe takeover onSeptember11.Thepurchaseofthemixed-signalspecialistIDTwillcostRenesasabout$6.7billion(€5.8billion)or$49pershare.Itshouldbecompletedbymid-2019.Renesas,oneoftheworld'slargestsuppliersofsemiconductorsfortheautomotiveindustry,hadalreadyacquiredtheUSchipmanufacturer Intersi lfor3.2billionUSdollarsin2017.ThecompanynowoperatesunderthenameofRenesasElectronicsAmerica. WiththepurchaseofCalifornianIDT,ahigh-performancecomputingandconsumerapplicationsexpert,forexampleincurrentmonitoring,theGroupisnowaddingsensorandRFproductsaswellasSoCSandpowermanagementICstoitsportfolio.RenesasisleveragingtheacquisitiontopreparefortherequirementsassociatedwiththeInternetofThings(IoT)andBigDataaswellasautomatedande-mobility,whileexpandinginternationally. Advertisement Advertisement RelatedExhibitors SCHUMPIT TaiSmartFactory HessenTrade&Invest AgencjaRozwojuRegionalnego IDIASYSTEM AEINNOVA Showmore Advertisement Interestedinnewsaboutexhibitors,topoffersandtrendsintheindustry? SubscribetoNewsletter Contact Press Newsletter TicketRegistration ExhibitorShop ExhibitorPassRegistration HallPlan Imprint PrivacyPolicy LegalNotes GTCTicketShop HANNOVERMESSEEvents HANNOVERMESSEworldwide TechnologyAcademy DEUTSCH Hotline: +49(0)51189-0 DeutscheMesseAG CookieSettings BrowserNotice Yourwebbrowserisoutdated.Updateyourbrowserformoresecurity,speedandoptimalpresentationofthispage. UpdateBrowser