Keywords: Littelfuse, anson beauty
Ansion beauty announced the acquisition of Fairchild semiconductor's proposal has won regulatory approval in the United States, according to the agreed to make and to meet the requirements of subsequent processing problems, various semiconductor separately with Littelfuse selling IGBT ignition business agreement; And it also helps to further expand its Littelfuse power semiconductor product portfolio and automotive electronics market share...
Littelfuse with various Semiconductor (ON Semiconductor) have a formal agreement - Littelfuse will be $104 million for ignition application portfolio of products, including transient voltage suppressor (TVS) diodes, bidirectional thyristor and insulated gate bipolar transistor (IGBT). The product portfolio with annual sales of about 55 million. The deal is expected to completed in August 2016.
Littelfuse semiconductor products, senior vice President and general manager and chief technology officer Ian Highley said, "to buy the product portfolio in accordance with our expansion of power semiconductor applications and our strategy in automotive electronic market share." "These products with our existing circuit protection business has great synergies, access that will strengthen our cooperation relationship and customer involvement, and expand our power semiconductor product portfolio."
Littelfuse also plan for the semiconductor manufacturing strongholds invest about $30 million, the production of the product portfolio in to its production facilities in China, with a sharp rise in the Chinese factory production capacity. To cope with time and requirements of customers, the company will be the transfer in the next few years. This investment productivity resulting from the expected effectiveness will help to improve the whole semiconductor business long-term profit growth.
The FTC approved various acquisition Fairchild
Semiconductor manufacturing in today announced that the federal trade commission (FTC) has agreed to accept the proposal for public comment, and has set up a termination is applicable to various Semiconductor proposed acquisition fast Semiconductor (Fairchild Semiconductor) Hart - Scott Luo Dini antitrust improvements method (Hart - Scott - Rodino) of the waiting period.
According to the agreed to make recommendations, and in order to meet the requirements of the FTC to still need to deal with the problem, before completing the acquisition Fairchild, FTC requires various semiconductor solve plane insulated gate bipolar transistor (IGBT ignition) business, the business income less than $25 million in the 2015 fiscal year.
In order to meet this requirement, various semiconductor IGBT ignition business has sold to Littelfuse prior to reach an agreement, the sale of its TVS diode and switch type brake fluid product line. About the sale of IGBT ignition business or to sell the transient voltage suppression and brake fluid, various semiconductor there will be no transfer of assets. The two asset sale is expected in the United States time on August 29, 2016.
Various semiconductor earlier announced that $20.00 per share in cash for Fairchild all outstanding shares of common stock offer complete (the "offer") still must stay date for December 4, 2015, the revised purchase offer (" buy offer ") of some customary terms and conditions contained in reach, and completed in order to make an offer rear complete other related materials.
