Microchip to buy Microsemi

Author:OMO Release Date: 2018年5月10日


Microsemi, which has been on an acquisition spree of its own, has been looking for a buyer for some time.

The price is a out 7% more than the Microsemi market cap before the deal was announced.

For Microchip the attraction is Microsemi’s military and aerospace customer base.

Savings of $300 million are expected in the third year after the deal closes.