steve sanghi 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 Acquires ISSC Technologies

Steve Sanghi, president and CEO of Microchip.

Microchip Technology Incorporated, a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, and ISSC Technologies Corporation (ISSC) today announced that Microchip has signed a definitive agreement to acquire ISSC, a leading provider of low power Bluetooth and advanced wireless solutions for the Internet Of Things (IoT) market. ISSC is publicly traded on the GreTai… Read More →

Arizona’s 25 Most Influential Minority Business Leaders

Clarence McAllister, president and CEO of Fortis Networks,

What would you do it you opened the pages of this magazine and saw Jerry Colangelo listed as one of the 25 Most Influential Minority Business Leaders in Arizona? You’d do a double take, but it’s not out of the realm of possibilities. Consider this: Among 439,633 Arizonans under age 5 in 2012, this is… Read More →

Microchip Completes Acquisition of Supertex

Steve Sanghi, president and CEO of Microchip.

Microchip Technology Incorporated and Supertex, Inc. announced that Microchip has completed its previously announced acquisition of Supertex following approval of the transaction by Supertex shareholders at Supertex’s special meeting of shareholders held today. Approximately 98.4% of the Supertex shares that voted were voted in favor of the merger in which Supertex shareholders will receive $33.00… 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 →

Microchip’s Sanghi Headlines CEO Breakfast

Steve Sanghi - Microchip Technology
by in Business News | Events | Tech

The Association for Corporate Growth-Arizona will feature the leader of one of the Valley’s most dynamic and influential companies for its CEO Breakfast on September 10. Steve Sanghi, Chairman, President & CEO of Microchip Technology Inc., and co-author of the book “Driving Excellence:  How the Aggregate System Turned Microchip Technology from a Failing Company to… Read More →

Microchip's Sanghi Headlines CEO Breakfast

Steve Sanghi - Microchip Technology
by in Business News | Events | Tech

The Association for Corporate Growth-Arizona will feature the leader of one of the Valley’s most dynamic and influential companies for its CEO Breakfast on September 10. Steve Sanghi, Chairman, President & CEO of Microchip Technology Inc., and co-author of the book “Driving Excellence:  How the Aggregate System Turned Microchip Technology from a Failing Company to… Read More →

Microchip Delivers 12 Billionth Microcontroller

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.
by in Business News | Tech

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… Read More →

Microchip Announces FIRST Robotics results

Future of Technology - AZ Business Magazine January/February 2012
by in Business News | Tech

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… Read More →

Microchip Wins Prestigious Technology Awards

Steve Sanghi - Microchip Technology
by in Business News | Tech

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… Read More →

Science Foundation releases 5-year plan to strengthen STEM education

Educare Arizona
by in Business News | Education | Tech

Ask any leader of a technology company in Arizona what their biggest hurdles are and there is always one common challenge: finding enough homegrown qualified workers to fill their needs. “Arizona is transitioning to an economy that is increasingly dependent upon a knowledge-based workforce,” said Steve Sanghi, CEO of Microchip in Chandler. “Out No. 1… Read More →

Microchip Technology Acquires SMSC

microchip technology

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… Read More →

STEM Education – Making The Grade For Growth

Chalkboard - Making the Grade for Growth

Arizona Leaders know it’s a problem. “When one of our top employers of scientists and engineers says that if he had the decision to make all over again, he would never bring his business and its thousands of high-wage jobs to Arizona because of the lack of commitment to education, that is a call to… Read More →