Microchip Tech Inc. acquires Supertex Inc.

Microchip Technology Incorporated, a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, has signed a definitive agreement to acquire Supertex Incorporated for $33 per share in cash, which represents a total equity value of about $394 million, and a total enterprise value of about $246 million. The acquisition is expected to be accretive to … Read more