Floating surge stopper provides unlimited overvoltage protection
Altera to integrate Enpirion power interfaces into its FPGAs
Automation CAN group plans permanent interoperability test capability
Opening up new user-interaction scenarios with Time-of-Flight measurements 
Goepel electronic initiates Cooperation Network with EMS companies
The number of charging stations for electrical vehicles is expected to soar by 20220, study says 
In automotive lighting, LEDs still lacks of horsepower, study says
Ultra-low-power SoC supports world's smallest Bluetooth location stickers 
Imec and Renesas collaborate on ultra-low power short range radios
European Semiconductor Distribution Market shows sequential recovery in Q1/CY13
Omron appoints TME to strengthen presence in Eastern Europe
Avnet Supply Chain Solutions launches RaBET Tool in Europe
sureCore receives £250K SMART Award to prototype its low power SRAM technology
Amantys partners Fuji Electric to launch IGBT gate drivers for wind and solar markets
Cambridge Nanotherm starts mass manufacturing of thermal management substrate
On Semi completes Sanyo buy-out
January 04, 2011 // Phil Ling
The completion of the acquisition of Sanyo Semiconductor, a subsidiary of Sanyo Electric, and other assets related to Sanyo Electric's semiconductor business, by ON Semiconductor has been announced. ON Semiconductor paid approximately ¥11.8 billion ($144 million) in cash and drew down approximately ¥31.7 billion ($378 million) under a loan agreement with Sanyo Electric.
ON Semi plans to operate Sanyo Semiconductor as an independent division, using the Sanyo logo for up to three years. Teruo Tabata will continue as president of Sanyo Semiconductor.
However, plans are already underway to begin offering both ON Semiconductor's and Sanyo Semiconductor's products and technologies to all worldwide customers.
According to Keith Jackson, president and CEO of ON Semiconductor, the acquisition will enable ON Semi to expand 'wholeheartedly' into the Japanese market.
It expands ON Semi's product portfolio, adding microcontrollers and ASIC capabilities, as well as integrated power modules and motor control devices for the consumer, automotive and industrial end-markets.
Sanyo Semiconductor retains approximately ¥10 billion ($123 million) of cash on its balance sheet as of closing. In addition, Sanyo Electric's operational support of up to ¥25 billion ($307 million) over a two year period for the purpose of aligning Sanyo Semiconductor's cost to globally competitive manufacturing costs is expected to accelerate the timetable for the transaction to be accretive to earnings on a non-GAAP basis.
The goal is to deliver in excess of $30 million in pre-tax income per quarter, a goal that is believed to be achievable sooner than the approximate eighteen months post closing previously announced in July.
All news-
Technology News
Floating surge stopper provides unlimited overvoltage protection
May 17, 2013
Protecting sensitive electronic circuitry from voltage transients is an essential part of any system be it automotive, industrial, ...
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Technology News
Altera to integrate Enpirion power interfaces into its FPGAs
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Technology News
Automation CAN group plans permanent interoperability test capability
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Feature Articles
Opening up new user-interaction scenarios with Time-of-Flight measurements
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Technology News
Goepel electronic initiates Cooperation Network with EMS companies
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Market News
The number of charging stations for electrical vehicles is expected to soar by 20220, study says
May 17, 2013
The number of electric vehicle charging stations is set to soar globally by 2020, supporting a shift in driving away from ...
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Market News
In automotive lighting, LEDs still lacks of horsepower, study says
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Technology News
Ultra-low-power SoC supports world's smallest Bluetooth location stickers
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Business News
Imec and Renesas collaborate on ultra-low power short range radios
Technical papers
Filter Wizard
Check out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
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December 15, 2011 | Texas instruments | 222901974
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