Tag Archives: microcontroller

Steve Sanghi - Microchip Technology

Microchip Announces Acquisition of Supertex

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 million, after excluding Supertex’s cash and investments on its balance sheet of approximately $148 million. The acquisition is expected to be accretive to Microchip’s non GAAP earnings per share in the first full quarter after completion of the acquisition.

The acquisition has been unanimously approved by the Boards of Directors of each company and is expected to close in the second quarter of calendar 2014, subject to approval by Supertex’s stockholders, regulatory approvals and other customary closing conditions.

“We are pleased to have Supertex become part of the Microchip team. Supertex’s deep domain knowledge in high voltage analog and mixed signal technologies, and strong position in the Medical, Industrial and Lighting markets, complement many of Microchip initiatives in these areas. We believe that combining Supertex’s business with Microchip’s Analog business will enable significant synergies and cross selling opportunities,” said Steve Sanghi, President and CEO of Microchip Technology.

“We are pleased to join Microchip Technology, a premier company in the semiconductor industry. Microchip has demonstrated consistent profitability, technology leadership and growth in its core businesses. We believe that this acquisition provides the best vehicle for us to realize significant value for Supertex’s shareholders, as well as the opportunity to scale up to the much stronger sales and manufacturing platforms of Microchip” said Henry Pao, President and CEO of Supertex.

Steve Sanghi - Microchip Technology

Microchip Acquires Novocell Semiconductor

Chandler-based Microchip Technology Inc., a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, through its Silicon Storage Technology (SST) subsidiary, and Novocell Semiconductor, Inc. (Novocell) announced that Microchip and SST have signed a definitive agreement to acquire Novocell.  The acquisition was approved by the Boards of Directors of each company and is being announced at the 2013 Design Automation Conference (DAC) in Austin, Texas.  The terms of the deal are confidential.  The transaction is expected to close in early June 2013 and is expected to be immediately accretive on a non-GAAP basis.

“We are pleased to announce the acquisition of Novocell and are expecting great things as we integrate the technology into our ever-expanding portfolio of IP solutions,” said Mark Reiten, vice president of Technology Licensing for SST, a wholly owned subsidiary of Microchip.  “This acquisition provides our customers with valuable and differentiated technology and helps us to enable their designs with an even more comprehensive set of solutions, expanding our position as a leading memory IP supplier.”

“We are extremely happy to become part of SST and the Microchip family and are excited by the strategic possibilities available to us, moving forward, from both a business as well as a technology perspective,” stated Walter Novosel, Novocell’s president and chief technical officer.  “Novocell has continued to grow its portfolio of non-volatile-memory IP solutions since its inception, and we fully expect the technology to see an increased adoption from joining a leader like SST in the memory IP market.  With SST’s offerings in the high-density arena, we can concentrate on not only expanding our customer base, but also growing the footprint that SST has built with customers worldwide in low-density OTP and MTP memory.”

Under the acquisition agreement, Novocell will become a wholly owned subsidiary of SST, a Microchip company.  SST and Novocell are committed to a seamless customer transition.  SST plans to invest in continuing, designing, developing and extending Novocell’s product portfolio and roadmap.

Mr. Hitoshi Tatsuno, Vice President of Operation Management Dept. & Purchasing Dept., Nidec Corporation, receives the 12 billionth PIC® Microcontroller trophy from Joe Krawczyk, Vice President, Sales, Asia Pacific, Microchip Technology Inc.

Microchip Delivers 12 Billionth Microcontroller

Microchip Technology Inc., a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, today announced the shipment of its 12 billionth PIC® microcontroller (MCU) to the Nidec Corporation—a preeminent global supplier of precision motors, based in Japan.  Microchip delivered this 12 billionth MCU approximately 10 months after delivering its 11 billionth.
Today’s announcement demonstrates the industry’s continued acceptance of Microchip’s 8, 16 and 32-bit PIC microcontrollers as the high-performance, low-power, cost-effective solution for embedded-control designs.

“The time between each of our 1 billionth shipments continues to accelerate, in the face of Microchip’s increasing MCU market share, and shipping our 12 billionth to a long-term customer like Nidec makes this achievement particularly gratifying,” said Microchip’s president and CEO Steve Sanghi.  “Motor control has always been one of our strengths, and the fact that such an esteemed global leader in motor manufacturing has continued using our PIC MCUs for so long is a testament to that strength.”

“We have reached this milestone because of the high quality of our PIC microcontroller portfolio and MPLAB® development systems, along with the outstanding support provided by our direct-sales team and sales-channel partners,” Sanghi continued.

A customer for more than 10 years, Nidec makes extensive use of Microchip’s 8-bit and 16-bit PIC MCUs and dsPIC® digital signal controllers with advanced motor-control peripherals.  Additionally, Nidec uses Microchip’s comprehensive platform of scalable motor-control development tools and free motor-control software, application notes and tuning guides to achieve rapid prototyping and shorten development cycles.

“Our longstanding relationship with Microchip Technology has been beneficial to both parties, and we have always valued the outstanding quality of their motor-control devices,” said Hitoshi Tatsuno, Nidec’s vice president of operation management department and purchasing department.  “We are honored to be the recipient of Microchip’s 12 billionth PIC microcontroller.”

Microchip serves more than 70,000 customers in over 65 countries, has shipped more than 1.4 million development tools to date, and partners with more than 130 global third-party tool manufacturers.  Additionally, Microchip has a broad portfolio of more than 1,000 8-, 16- and 32-bit PIC microcontrollers, and is the only company to support all of its microcontrollers and digital signal controllers under a single integrated development environment—the free MPLAB X IDE, which is open source and enables cross-platform development using the Linux, Mac OS® and Windows® operating systems.

Future of Technology - AZ Business Magazine January/February 2012

Microchip Announces FIRST Robotics results

Microchip Technology Inc., a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, today announced the results of the 2013 FIRST® Robotics Competition (FRC) Arizona Regional, held March 22-23, 2013 in Chandler.

Phoenix’s Carl Hayden High School; Tempe Preparatory Academy, Tempe; and Buena High School, Sierra Vista qualified to compete in the 2013 FIRST Robotics Competition Championship, April 25-27, 2013 in St. Louis, MO. Kingman High School/Kingman Academy of Learning, Kingman; Yuma High School, Yuma; and Rockwell-Collins & Escondido Charter High School, Escondido, Calif. were Regional Finalists.  Students had six weeks to build a robot capable of competing in this year’s competition, the game called Ultimate AscentSM, where teams joined forces to fling saucer-like discs through various slots during several two-minute and fifteen-second matches.  Extra points were scored for robots that could hang from a 10 foot tower in the final seconds of the match.  Any student participating on a FIRSTteam is eligible to apply for more than $16 million in scholarships.

“The engineering challenge presented by FIRST to build a functioning robot that must accomplish specific tasks inspires students to find creative solutions using math, science and engineering, while adhering to strict deadlines.  Working with industry mentors, students learn marketable skills such as working on a team, critical thinking, marketing and problem solving, while having fun at the same time,” said Steve Sanghi, president and CEO of Microchip Technology, co-chair of the FIRST Arizona Regional Planning Committee, FIRST sponsor and member of the FIRST Board of Directors.

Chandler, Ariz.-based Microchip Technology is the organizing sponsor of the FRC Arizona Regional.  Fifty high-school robotics teams competed in the 2013 FRC AZ Regional, including 44 teams from Arizona, three from New Mexico, two from California and one from Mexico.  AZFirst, a non-profit organization, awarded the Steve Sanghi Scholarship to Bianca Rodriquez, a senior at Carl Hayden High School, Phoenix, AZ.  Funded by Steve and Maria Sanghi, this scholarship totals $16,000 over four years, and is awarded to an outstanding FIRST participant who intends to pursue a college degree in science, technology, engineering or math.  Coconino High School won the Regional Chairman’s Award, which recognizes the team that best represents a model for other teams to emulate, and embodies the purpose and goals of FIRST.  Christine Sapio, teacher at Coconino High School, Flagstaff, a FTC (FIRST Technical Competition) Affiliate Partner, received the “Outstanding Volunteer of the Year” award for her success in growing the FTC robotics program for middle-school and high-school students.

Additionally, Dave Thompson, FIRST coach at Coconino High School, received the Woodie Flowers Finalist Award, which recognizes a teacher or engineer who demonstrates excellence in teaching science, math and creative design.  Chris Brandt from Saguaro High School in Scottsdale was awarded the “Arizona Teacher of the Year,” based upon an essay written by his students.

Generous supporters of the 2013 FRC Arizona Regional included Organizing Sponsor Microchip Technology; Leader in Technology Sponsor Microchip Technology Employees; and Captain of Innovation Sponsors Army ROTC, Avnet, Craig and Barbara Barrett, Medtronic Foundation, Microchip Technology and Wells Fargo.  Friends of the Future Sponsors included Best Buy Children’s Foundation, Go Daddy, ON Semiconductor, and Steve and Maria Sanghi.  Regional Fan Sponsors included Chase Giving Foundation and Wishes in Stitches/Alan and Margaret Jannuzzi.

Due to the growth of local FIRST programs First Lego League, FTC and FRC), two separate FRC Arizona regional events are expected to be held in 2015.  Recruitment of FRC teams is currently occurring, with a goal of doubling the number of teams in the next two years.  For more information and to get involved, contact FIRST Regional Director Carol Popovich at carol.popovich@microchip.com or (480) 792-7938.

Steve Sanghi - Microchip Technology

Microchip Wins Prestigious Technology Awards

Microchip Technology Inc., a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, announced that it has been recognized by the following global electronics industry publications and organizations for product innovation and technology leadership.

After launching in November, Microchip won three prestigious awards for its MGC3130, which offers low-power, precise, fast and robust hand position tracking with free-space gesture recognition.  The MGC3130, featuring Microchip’s patented GestIC® technology, was handpicked by the editors of Electronic Design Magazine for their “2012 Best of Electronic Design Awards,” in the Digital category, for enabling the next dimension in intuitive, gesture-based, non-contact user interfaces for a broad range of end products.  EE Times China Magazine’s “2013 Annual Creativity in Electronics (ACE) Awards” selected the MGC3130 as a Product of the Year in the Microcontroller/Memory/Interface category.  EDN Magazine named the MGC3130 to their “2012 Hot 100” list, in the Microcontrollers & Processors category.

EE Times China also chose Microchip for two additional “ACE Products of the Year.”  The 70 MIPS dsPIC33E and PIC24E family of digital signal controllers and microcontrollers won in the Digital Processor/DSP/FPGA category, and the MPLAB® XC C compiler line won in the EDA/Tools category.

Likewise, EDN Magazine named a total of six Microchip products to its annual “Hot 100” list, which their editors selected from “the many thousands of products announced during the past year.”  In the Analog category, Microchip’s MCP47A1 digital-to-analog converter was honored; and the 23A1024/23LC1024, 23A512/23LC512, 23LCV51/23LCV1024 serial SRAM family, which includes a battery-backed non-volatile option, was chosen in the Memory & Storage category. Two products were selected in the Boards & Development Tools category, including the MPLAB XC C compiler line, which represents Microchip’s simplified and integrated compiler strategy, as well as the RN-131 and RN-171 PICtail™/PICtail Plus Wi-Fi® development boards with the TCP/IP stack integrated on the module, enabling wireless connectivity for any microcontroller via a serial interface. Finally, the PIC12LF1840T48A, which integrates an 8-bit microcontroller with an RF transmitter for secure-access applications, was chosen for EDN’s RF/Microwave category.

The venerable 8-bit PIC® microcontroller was also named a finalist in Design News Magazine’s “2012 Golden Mousetrap Awards.”  Specifically, the PIC10F(LF)32X and PIC1XF(LF)150X MCUs with integrated configurable logic in 6- to 20-pin packages got the nod in their Electronics & Test: Embedded Computing/Processing category.

Microchip’s JukeBlox® 3.1 Wireless Audio Platform, based on technology from its recent SMSC acquisition, won a 2012 “Readers’ Choice Tech Award” from ECN Magazine in the Boards and Modules category.  Winners were named by the editors of ECN, based on their assessment of readers’ newsletter clicks, Web traffic and social-media engagement for each of the many products they covered during the year.

In addition to the three EE Times China ACE Awards, China’s trade press bestowed three other annual product awards on Microchip.  The MCP6N11 Instrumentation Amplifier won two honors, one from EDN China’s “Innovation Awards” in the Leading Product category, and the other from EEPW Magazine’s “Power Supply Products Awards” in the Best Application: Power Devices category.  From their separate “Editors’ Choice Awards,” EEPW named Microchip’s AR1100 mTouch™ Analog Resistive Touch Screen Controller their Best Touch Panel Solution.

In the area of technology leadership, The Embedded Microprocessor Benchmark Consortium (EEMBC) honored Microchip for significantly contributing to the development of its next-generation industry benchmarks. Specifically, Microchip was recognized for determining fair and reliable cross-platform accuracy requirements for EEMBC’s FPBench™ benchmark, which is critical to the evaluation of floating-point performance.  Additionally, Microchip evaluated and recommended math function libraries for software-only reference implementations, and tested and ported multiple libraries to make FPBench safe for 16-bit microcontrollers.

“It is a testament to Microchip’s continuous-improvement culture that we have received this recognition from an esteemed organization such as EEMBC, as well as product awards from some of the most influential global publications in our industry,” said Steve Sanghi, Microchip’s president and CEO.  “The breadth of these product awards across the diverse categories of human interface, microcontrollers, DSP, wireless networking, audio, analog, memory and development tools illustrates the continued investments we are making—both in R&D and strategic acquisitions—to enable our customers’ innovation.”

microchip technology

Microchip Technology Acquires SMSC

Microchip Technology Incorporated, a leading provider of microcontroller, analog and Flash-IP solutions, and Standard Microsystems Corporation announced that Microchip has signed a definitive agreement to acquire Standard Microsystems Corporation (“SMSC”) for $37.00 per share in cash, which represents a total equity value of about $939 million, and a total enterprise value of about $766 million, after excluding SMSC’s cash and investments on its balance sheet of approximately $173 million. The acquisition has been approved by the Boards of Directors of each company and is expected to close in the third quarter of calendar 2012, subject to approval by SMSC stockholders, regulatory approvals and other customary closing conditions.

“We believe SMSC’s smart mixed-signal connectivity solutions aimed at embedded applications are an ideal complement to Microchip’s embedded control business,” said Steve Sanghi, Microchip’s President and CEO.  “This acquisition will expand Microchip’s range of solutions as SMSC contributes exciting new products and capabilities in the automotive, industrial, computing, consumer and wireless audio markets, significantly extending our served available market.”

“We are excited by the strategic possibilities presented by this acquisition,” continued Sanghi.  “SMSC in its most recent fiscal year ending February 29, 2012 reported net sales of $412 million, non-GAAP gross margin of 54.4% of sales, and non-GAAP operating profit of 12% of sales.  We expect this acquisition will be accretive to Microchip’s non-GAAP earnings in the first full quarter after completion of the acquisition.  We look forward to completing this transaction in the third calendar quarter of 2012.”

“This transaction represents a compelling opportunity for SMSC employees, customers and stockholders by combining the leading market position and world class operational excellence of Microchip Technology with the world class smart mixed-signal connectivity solutions from SMSC,” said Christine King, President and CEO of SMSC.  “We are pleased to become part of Microchip Technology, a premier company in the semiconductor industry.”

For more information on Microchip Technology, visit Microchip Technology’s website at microchip.com. Also Visit SMSC at www.smsc.com

roving networks

Microchip Technology Acquires Roving Networks

Microchip Technology Inc., a leading provider of microcontroller, analog and Flash-IP solutions, announced the acquisition of Roving Networks, an innovator in low-power embedded Wi-Fi and Bluetooth solutions based in Los Gatos, Calif. Roving Networks is a privately held, fabless semiconductor developer of Wi-Fi certified transceivers and FCC certified Wi-Fi and Bluetooth modules. The terms of the deal are confidential, and the transaction is expected to be immediately accretive on a non-GAAP basis.

“The ubiquity of Wi-Fi and Bluetooth connectivity is fueling a growing number of embedded applications that take advantage of this rapidly expanding wireless infrastructure,” said Ganesh Moorthy, Microchip’s COO. “Roving Networks’ easy-to-use solutions are tailor made for such embedded applications, and broaden the range of wireless connectivity options we offer customers to enable their end-product innovation.”

“Roving Networks’ wireless solutions are well positioned to capitalize on a number of embedded markets, including the market for smartphone accessories,” said Mike Conrad, Roving Networks’ CEO. “Microchip’s operational excellence combined with their broad customer reach and extensive channel presence will be key for the next stage of our growth.”

The Roving Networks team, headed by Mike Conrad, will continue to operate out of its Los Gatos office.

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