Renesas Clinches $3.2 Billion Deal For Intersil

摘要

The battle over chips used inside electric vehicles and self-driving cars is growing more competitive. Last month, Japanese chipmaker Renesas said that it was paying $3.2 billion to acquire Intersil, in the latest example of the industry's retooling for automotive and industrial electronics. The deal unites two companies tackling automotive electronics from different angles. Renesas is one of the biggest makers of microcontrollers, or chips that are embedded in vehicles to control things like power steering and dashboard displays. The California-based Intersil makes chips that limit the amount of power consumed by microprocessors, as well as the analog chips that translate physical things like light and sound into digital signals.