Renesas said to be looking at IDT acqusition

发布时间：2018-09-04 00:00
作者：Ameya360
来源：newelectronics
阅读量：2653

Reports suggest that Japanese chip manufacturer, Renesas, is looking at buying IDT for as much as $6billion.

Renesas said to be looking at IDT acqusition


News of the possible move, reported by the Nikkei business daily, comes as Renesas is looking to strengthen its business in chips for self-driving cars.

If the acquisition does take place it would be one of the largest made by Renesas, which has seen a remarkable turnaround since having to be bailed out by the Japanese government five years ago, and would follow the company’s acquisition of Intersil, for $3.2billion, in February last year.

The company has yet to respond.

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