Microchip and ON Semiconductor have sent a proposal to the Board of Directors of Atmel to acquire Atmel for $5.00 per share in cash. The offer provides a premium of 52.4% to Atmel’s closing price of $3.28 on October 1, 2008, and values Atmel at $2.3 billion. The acquisition would be led by Microchip...

SEMI announced the acquisition of SEC/N, the Surplus Equipment Consortium Network. Both have worked together closely for several years, sharing many common members and interests, and cooperating on seminars on the secondary market at many SEMI events. Approximately 60% of SEC/N’s current members are...

SMSC announced the appointment of Christine King as President and Chief Executive Officer and as a member of its Board of Directors, effective October 20, 2008. King will succeed Steven J. Bilodeau, who will retire as CEO after ten years of service with SMSC. Bilodeau will continue in a part-time ca...

Avago Technologies acquired Infineon's bulk acoustic wave (BAW) business, based in Munich, Germany. Under the terms of this agreement, Avago paid Infineon approximately 21.5M EUR in cash. Infineon's bulk acoustic wave (BAW) business is a leader in high precision RF filtering for wireless application...

Methode Electronics, a manufacturer of electro-mechanical devices, has acquired business assets of Hetronic Holding, a provider of industrial safety radio remote controls. Methode is acquiring operations in Malta, the Philippines and the United States, and a sales and marketing center in Germany, fo...

Atmel has reached an agreement with Tejas Silicon Holdings (UK) for the sale of the Company's wafer fabrication operation in Heilbronn, Germany. The sale is expected to be completed in the fourth quarter of 2008. Atmel had previously announced its intention to sell this facility as part of its strat...

Intersil will acquire Kenet, a privately-held, fabless semiconductor company with technology in the design and manufacture of high speed, extremely low power data converters. Kenet’s FemtoCharge CMOS technology yields high performance and ultra-low power analog-to-digital converters in an extremely ...