News: Microchip Technology Inc (MCHP.OQ)

MCHP.OQ on NASDAQ Stock Exchange Global Select Market

48.00USD
22 Sep 2014
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Thu, Aug 28 2014

Chipmaker CSR rejects Microchip approach, shares soar

LONDON - Britain's CSR has rebuffed an approach from Microchip Technology , saying that the undisclosed price proposed by Microchip was not enough if its U.S. rival wants to bolster its role in the "Internet of Things" with the chipmaker's radio technology.

UPDATE 3-Chipmaker CSR rejects Microchip approach, shares soar

LONDON, Aug 28 - Britain's CSR has rebuffed an approach from Microchip Technology, saying that the undisclosed price proposed by Microchip was not enough if its U.S. rival wants to bolster its role in the "Internet of Things" with the chipmaker's radio technology.

Microchip buys wireless maker ISSC betting on 'Internet of Things'

- Microchip Technology Inc said it would buy Taiwanese wireless products maker ISSC Technologies Corp to gain ground in a technology that helps connect everything from cars to lightbulbs through the Internet.

UPDATE 1-Microchip buys wireless maker ISSC betting on 'Internet of Things'

* Offer of $4.74 per share at a premium of 16.7 pct (Adds details, background)

REFILE-Microchip to buy Taiwan's ISSC Technologies

(Corrects company's name to ISSC from ISASC in paragraph 2)

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