- Japan’s Renesas Electronics (OTCPK:RNECF) reportedly is in talks to acquire chipmaker Intersil (NASDAQ:ISIL) for as much as ¥300B (~$3B), with a basic agreement possibly reached as early as this month.
- The potential deal, which was first reported by Japan's Nikkei Asian Review, would represent the latest move in a trend of recent consolidation among global chipmakers.
- Renesas was the world's third largest chipmaker by market share at the end of 2015, with 9.1%, according to data from the Gartner research firm.
Report: Japan's Renesas in talks to buy Intersil for $3B
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| Symbol | Last Price | % Chg |
|---|---|---|
| RNECF | - | - |
| Renesas Electronics Corporation | ||