On Semiconductor to acquire Sanyo Semiconductor to enhance its manufacturing scale
July 15, 2010 // Julien Happich
On Semiconductor Corporation and Sanyo Electric Co., Ltd. announced the signing of a definitive purchase agreement providing for the acquisition of Sanyo Semiconductor Co., Ltd., a subsidiary of Sanyo Electric, and other assets related to the company's semiconductor business, by ON Semiconductor in a cash and stock transaction with a purchase price of approximately $366 million.
Based on the most recently completed quarter, Sanyo Semiconductor's annualized revenue was approximately $1.2 billion and the annualized revenue of the combined entity would be approximately $3.5 billion. The acquisition is expected to be completed before the end of 2010.
This acquisition will expand and strengthen ON Semiconductor's product portfolio, adding new capabilities ranging from microcontrollers and custom Application Specific Integrated Circuits (ASICs) to integrated power modules and motor control devices for the consumer, automotive and industrial end-markets.
This strategic move will provide On Semiconductor with access to market-leading Japanese and Asian customers and bring significant efficiency gains through optimization of manufacturing, process technology platforms and efficient capital investments.
Visit On Semiconductor at www.onsemi.com
Visit Sanyo Electric at http://semicon.sanyo.com/en/All news
Intel, Sheldon Cooper promote 3D camera technology
November 24, 2014
Intel has secured the services of Jim Parsons, who plays Sheldon Cooper on the comedy television series The Big Bang Theory, ...
NXP acquires Quintic's Wearable and BTLE IC business
BMW and Tesla look at car battery alliance
Interview R&S: Communications become mission-critical
The engineering desk-to-bench ratio
Rohm's European Design Center in growth phase
November 21, 2014
At Electronica EE Times Europe caught up with Michael Davis European R&D director at the European Design Center (EDC) of ...
Combo inertial sensor market on 19% CAGR, says Yole.
US, China pushing industrial chip market growth, says IHS
LA Auto Show: Hydrogen fuel cell drive is back
- Halogen-free options and increased performance for terminal blocks
- Wireless Power User Guide
- Secure is the New Smart
- 5 Best Practices for Designing Flexible Test Stations
InterviewInterview R&S: Communications become mission-critical
Driven by new application fields in the Internet of Things (IoT) and machine-to-machine (M2M) context, communications technologies are undergoing massive changes. This goes along with enormous challenges ...
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, Cherry is giving away five of its Energy Harvesting Evaluation kits, worth over 266 Euros each, for EETimes Europe's readers to win. Cherry's energy harvesting technology benefit mostly applications where a complex wire assembly and/or batteries would be inappropriate.
The required RF-energy is created by the mechanical actuation of the switch and the data is transmitted...MORE INFO AND LAST MONTH' WINNERS...
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.
Most popular news
- Could magnesium battery innovation end lithium's dominance?
- From warm to cool white: colour-temperature tunable LEDs
- Li-Fi communication module wirelessly transfers data at 1-Gbps
- Supercapacitor innovation promises panel-powered cars in five years
- Rebranding the revolution: the future of IoT is embedded