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Integrated Device Technology, Inc. designs, develops, manufactures, and markets a variety of semiconductor products and modules. Applications for the company’s products include data and telecommunications equipment, storage area networks, networked peripherals and servers, and personal computers. The Company markets its products on a worldwide basis primarily to original equipment manufacturers.
Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, and Integrated Device Technology, Inc. (IDT), a leading supplier of analog mixed-signal products, including sensors, connectivity and wireless power, today jointly announced the successful completion of Renesas acquisition of IDT, as of March 30, 2019 JST, March 29, 2019 PDT, following approvals by IDT shareholders and the relevant regulatory authorities.
Acquiring IDT will expand Renesas’ advanced microcontroller (MCU), system on chip (SoC) and power management ICs, supporting Renesas’ strategy to become a leading embedded solutions provider. IDT will add analog mixed-signal capabilities in RF, advanced timing, memory interface, power management, optical interconnect, smart sensors — and a leading market position in wireless power. Renesas seeks to offer comprehensive semiconductor solutions, including sensors, analog front-ends, processors and interfaces. Former IDT products are rebranded as Renesas products from January 2020 onwards (with the exception of products that are currently under mass production or under development. New products will be branded as Renesas products, but this will not include products of a simple derivative or a minor revision of an existing product).
About Renesas Electronics Corporation
Renesas Electronics delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live. A global leader in microcontrollers, analog, power, and SoC products, Renesas provides comprehensive solutions for a broad range of automotive, industrial, home electronics, office automation, and information communication technology applications that help shape a limitless future.
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