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Microchip Technology was founded in 1987 when General Instrument spun off its microelectronics division as a wholly owned subsidiary. [5] [6] The newly formed company was a supplier of programmable non-volatile memory, microcontrollers, digital signal processors, card chip on board, and consumer integrated circuits.
Microsemi was founded in February 1959 [5] in Culver City, California [6] as MicroSemiconductor. It incorporated in Delaware on September 27, 1960. [7] A trade catalog and price lists from this early period can be found at the Smithsonian Institution. [8]
The company had previously heard offers from Cypress Semiconductor and Dialog Semiconductor in 2015, [25] [26] and the deal with Microchip was expected to be finalized at the end of Q2 2016. [27] Atmel finally merged with Microchip Technology in July 2016 after prolonged negotiations for US$3.56 billion. [28] [29]
Microchip Tech (MCHP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Maxim was founded in April 1983. The founding team included Jack Gifford, a semiconductor industry pioneer since the 1960s and co-founder of Advanced Micro Devices; Fred Beck, an IC sales and distribution pioneer; Dave Bingham, General Electric’s Scientist of the Year in 1982; Steve Combs, a pioneer in wafer technologies and manufacturing; Lee Evans, also a pioneer in CMOS analog microchip ...
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Adaptec, Inc., was a computer storage company and remains a brand for computer storage products. The company was an independent firm from 1981 to 2010, at which point it was acquired by PMC-Sierra, which itself was later acquired by Microsemi, which itself was later acquired by Microchip Technology.