Renesas in $6.7 bln deal for IDT to boost chips for self-driving cars

Renesas in $6.7 bln deal for IDT to boost chips for self-driving carsJapan’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. Renesas is second only to NXP Semiconductors NV in auto-related chips and commands 30 percent of the global market for microcontrollers used in cars. In particular, Renesas has been keen to get its hands on IDT’s know-how in analog semiconductors for wireless networks and sensors – expertise crucial to develop autonomous driving and connected car technology.


Source: Yahoo! News

RPT-UPDATE 2- Renesas in $6.7 bln deal for IDT to boost chips for self-driving cars

  1. RPT-UPDATE 2- Renesas in $6.7 bln deal for IDT to boost chips for self-driving cars  Reuters
  2. Renesas to Buy Chip Maker Integrated Device Technology for $6.7 Billion  Wall Street Journal
  3. Renesas to Acquire Integrated Device Technology, to Enhance Global Leadership in Embedded Solutions  Design and Reuse (press release)
  4. Full coverage


Source: Google News -Technology

Hurricane Florence driving 'life-threatening' conditions toward East Coast

  1. Hurricane Florence driving ‘life-threatening’ conditions toward East Coast  USA TODAY
  2. Hurricane Florence strengthens fast on path for East Coast  CBS News
  3. Hurricane Florence Preparations Must Start Now, Residents in Carolinas Warned  The Weather Channel
  4. Carolinas, Virginia brace for ‘dangerous’ Hurricane Florence as storm churns toward East Coast  Washington Post
  5. Hurricane Florence on track to hit East Coast as major storm later this week  CNN
  6. Full coverage


Source: Google News