MCHP - Mergers and acquisitions

CHANDLER, Ariz., Oct. 09, 2026 (GLOBE NEWSWIRE) -- Microchip Technology Incorporated (NASDAQ:MCHP), a broadline supplier of semiconductors committed to making innovative design easier through total system solutions, today announced that it has acquired VORAGO Technologies, Inc., a privately held provider of radiation-hardened and radiation-tolerant microcontrollers (MCUs) and microprocessors (MPUs), based in Austin, Texas. Terms of the transaction were not disclosed, and the acquisition is not expected to be material to Microchip's consolidated financial results. "From terrestrial defense systems to satellite and space-based platforms, our aerospace and defense customers are designing sys

CHANDLER, Ariz., April 15, 2024 (GLOBE NEWSWIRE) -- Microchip Technology (NASDAQ:MCHP) has acquired Neuronix AI Labs to expand its capabilities for power-efficient, AI-enabled edge solutions deployed on field programmable gate arrays (FPGAs). Neuronix AI Labs provides neural network sparsity optimization technology that enables a reduction in power, size and calculations for tasks such as image classification, object detection and semantic segmentation, while maintaining high accuracy. Microchip's mid-range PolarFire® FPGAs and SoCs already lead the industry in terms of low power consumption, reliability and security capabilities. The acquisition of this technology will enable Microchip t