Renesas Acquired Integrated Device Technology (IDT)

Renesas has acquired Integrated Device Technology, as per her statement below:

Renesas to Acquire Integrated Device Technology, to Enhance Global Leadership in Embedded Solutions

TOKYO, Japan, September 11, 2018 JST | San Jose, California, U.S.A., September 10, 2018― Renesas Electronics Corporation (“Renesas”, TSE: 6723), a premier supplier of advanced semiconductor solutions, and Integrated Device Technology, Inc. (“IDT”, NASDAQ: IDTI), a leading supplier of analog mixed-signal products including sensors, connectivity and wireless power, today announced they have signed a definitive agreement under which Renesas will acquire IDT…

Checked out their press release here.