Renesas Clinches $3.2 Billion Deal for Intersil
The battle over chips used inside electric vehicles and self-driving cars is growing more competitive. On Tuesday, Japanese chipmaker Renesas said that it was paying $3.2 billion to acquire Intersil, in the latest example of the industry’s retooling for automotive and industrial electronics. The deal unites two companies tackling automotive electronics from different angles. Renesas is one of the biggest makers of microcontrollers, …
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