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Intersil Corp (ISIL.O)

ISIL.O on Nasdaq

22.25USD
8 Dec 2016
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Mon, Oct 24 2016

BRIEF-Intersil Corporation reports strong quarterly results

* Q3 earnings per share view $0.19 -- Thomson Reuters I/B/E/S

Japan's Renesas pushes into autos with $3.2 billion Intersil buy

TOKYO Renesas Electronics Corp on Tuesday said it has agreed to buy U.S. chipmaker Intersil Corp for $3.2 billion, an all-cash deal that bolsters the Japanese group's efforts to refocus the company around automotive chips.

BRIEF-Renesas will be obligated to pay Intersil a termination fee in cash, upon termination of merger

* Renesas will be obligated to pay Intersil a termination fee equal to $96.5 million in cash, upon termination of merger - SEC filing

UPDATE 3-Japan's Renesas pushes into autos with $3.2 bln Intersil buy

* Renesas beats US suitor Maxim Integrated Products (Adds fund manager comment, Maxim comment)

BRIEF-Renesas CEO: will take 4-5 years to benefit fully from synergies with Intersil

Sept 13 Renesas Electronics Corp CEO and President Bunsei Kure says:

REFILE-Japan's Renesas Electronics to buy U.S. chipmaker Intersil for $3.2 bln

TOKYO, Sept 13 Japan's Renesas Electronics Corp said on Tuesday that it would buy U.S. chipmaker Intersil Corp for $3.219 billion amid a wave of consolidation in the global semiconductor industry.

Chipmaker Intersil set to pick Renesas over Maxim as acquirer: sources

Intersil Corp may announce a sale to Renesas Electronics Corp as early as next week, choosing the Japanese semiconductor company over U.S. suitor Maxim Integrated Products Inc , people familiar with the matter said.

UPDATE 1-Chipmaker Intersil set to pick Renesas over Maxim as acquirer -sources

Aug 31 Intersil Corp may announce a sale to Renesas Electronics Corp as early as next week, choosing the Japanese semiconductor company over U.S. suitor Maxim Integrated Products Inc, people familiar with the matter said.

BRIEF-Intersil Corporation Q2 GAAP earnings per share $0.01

* Sees Q3 GAAP earnings per share $0.11 to $0.13, adjusted eps $0.18 to $0.20

BRIEF-Intersil Corp enters into amended, restated credit agreement

* Intersil Corp says on July 19, 2016 entered into an amended and restated credit agreement by and among Intersil, Bank Of America N.A.

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