Supertex Archives

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 →