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

September 11, 2018 admin Business News Comments Off on Renesas in $6.7 billion deal for IDT to boost chips for self-driving cars

Japan’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.

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Source:: Reuters – Business News