Mitsubishi Electric Corp (6503.T)
16 Nov 2018
TOKYO Japanese chipmaker Renesas Electronics Corp said on Tuesday it had agreed to buy U.S. peer Integrated Device Technology Inc for about $6.7 billion (5.1 billion pounds), aiming to boost its expertise in self-driving car technologies. | Video
TOKYO Japan's Renesas Electronics Corp said it had agreed to buy Integrated Device Technology Inc (IDT) for $6.7 billion, its second major acquisition as it deepens its push into semiconductors for self-driving cars. | Video
* Second major analog chip deal after paying $3.2 bln for Intersil
TOKYO Renesas Electronics Corp is considering buying U.S. chipmaker Integrated Device Technology Inc, the Japanese automotive chipmaker said on Friday, as it beefs up its business in chips for self-driving cars and seeks new growth areas.
* Renesas is beefing up business in chips for self-driving cars