Microchip Technology Incorporated Archives

Microchip records 100th straight profitable quarter

Steve Sanghi - Microchip Technology

Microchip Technology Incorporated, a leading provider of microcontroller, mixed signal, analog and Flash-IP solutions, today reported results for the three months ended September 30. GAAP net sales for the second quarter of fiscal 2016 were $541.4 million, down 0.9% from GAAP net sales of $546.2 million in the prior year’s second fiscal quarter.  GAAP net income for the second… Read More →

Microchip Sets Record Net Sales Quarter

Steve Sanghi, president and CEO of Microchip.

Microchip Technology Incorporated (NASDAQ: MCHP), a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, reported results for the three months ended June 30, 2014. Consolidated GAAP net sales for the first quarter of fiscal 2015 were a record $528.9 million, up 7.2% sequentially from net sales of $493.4 million in the immediately preceding quarter,… Read More →

Microchip Announces Acquisition of Supertex

Steve Sanghi - Microchip Technology
by in Business News | Tech

Microchip Technology Incorporated (NASDAQ:MCHP), a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, and Supertex Incorporated (NASDAQ: SUPX) today announced that Microchip has signed a definitive agreement to acquire Supertex for $33 per share in cash, which represents a total equity value of about $394 million, and a total enterprise value of about $246… Read More →