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SAN FRANCISCO—China's antitrust regulatory body rubber stamped Microchip Technology Inc.'s $939 million acquisition of Standard Microsystems Corp. (SMSC), clearing the way for the deal to close this week, Microchip said Tuesday (July 31).. Microchip (Chandler, Ariz.) said China's Anti-Monopoly Bureau of the Ministry of Commerce notified the company that the acquisition had cleared review.
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Standard Microsystems/SMC
Standard Microsystems Corporation 4-port USB 2.0 Hub and 10/100 Ethernet Controller on a Raspberry Pi 3 B. Standard Microsystems Corporation manufactured semiconductors including controllers for embedded networking, Ethernet controllers, and flash media cards. In August 2012, Microchip acquired Standard Microsystems Corporation (SMSC).
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Microchip Technology Inc. and Standard Microsystems Corp. (SMSC) announced that Microchip has signed a definitive agreement to acquire SMSC for $37.00 per share in cash, which represents a total equity value of about $939 million, and a total enterprise value of about $766 million, after excluding SMSC's cash and investments on its balance sheet of approximately $173 million.
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Microchip to buy SMSC, plotting new expansion. NEW YORK - Microchip Technology has announced its signing of a definitive agreement to acquire Standard Microsystems Corporation (SMSC), a company focused on mixed-signal connectivity solutions, for $37.00 per share in cash, which represents a total equity value of about $939 million.
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Find company research, competitor information, contact details & financial data for Standard Microsystems Corporation of Hauppauge, NY. Get the latest business insights from Dun & Bradstreet.
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In August 2012, Microchip acquired Standard Microsystems Corporation (SMSC). Among SMSC's assets were those it had previously acquired from Symwave, a start-up that specialized in USB 3.0 chips, and two hi-fi wireless audio companies—Kleer Semiconductor and Wireless Audio IP BV."
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Standard Microsystems Corporation manufactures semiconductors. The Company produces controllers for embedded networking, ethernet controllers and transceivers, flash media card readers and drives.
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21-Oct-2009. 00000 00000 00. 0000. Completed. 6 buyers. To view Standard Microsystems's complete exits history, request access ». Information on acquisition, funding, investors, and executives for Standard Microsystems. Use the PitchBook Platform to explore the full profile.
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Since being incorporated in 1971, Standard Microsystems Corporation has evolved from a semiconductor supplier to a leader in standards-based networking technology. In 1994 the company ranked as one of the world's largest suppliers of products that businesses and individuals use to connect personal computers over local area networks (LANs).
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STANDARD MICROSYSTEMS (SMSC) is a leading developer of Smart Mixed-Signal Connectivity solutions. SMSC employs a unique systems level approach that incorporates a broad set of technologies and intellectual property to deliver differentiating products to its customers. The company is focused on delivering connectivity solutions that enable the proliferation of data in personal computers, automob
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Last month, Microchip and Standard Microsystems Corporation were granted early termination of the waiting period on May 18, 2012, under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
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A high-level overview of Standard Microsystems Corporation (SMSC) stock. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools.
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Chuck Frakes, Founder of Advanced Microsystems, has been in Litigation Support since 1979. He began working as a process server and advanced to become office manager of another service bureau. During his 7-year tenure, he was responsible for managing multiple high profile cases. Advanced Microsystems was formed in 1986 by Chuck Frakes, and.
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Acquisition Will Expand Microchip's Smart Connectivity Solutions for Embedded Markets. | April 14, 2023
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Standard Microsystems Corp of Hauppauge, LI, reports 22 percent rise in fourth-quarter revenues, to $52.1 million, pushing profits to $28.2 million, which compares with loss of $7.5 million a year.