RF & Microwave Industry News

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Renesas to Acquire IDT for $6.7 Billion

In the latest combination in a consolidating semiconductor industry, Renesas Electronics will acquire Integrated Device Technology (IDT) for $49 per share in an all-cash deal, representing approximately $6.7 billion in equity value. The share price is approximately 16 percent above IDT’s closing price on Monday, September 10.


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