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Elantec is a leading designer, manufacturer and marketer of high performance analog integrated circuits. Elantec provides specific analog solutions to manufacturers. Elantec targeted high growth markets for video, optical storage, communications and power management products.

IDG News Service | 11 MARCH 2002 8:00 GMT
Microchip developer Intersil Corp. will acquire Elantec Semiconductor Inc. in a cash and stock deal valued at $1.4 billion, the companies said yesterday.

Irvine, Calif.-based Intersil is looking to merge Elantec's microchip business in the video and optical storage market with its own production of chips for high-speed networks, including wireless LANs, the companies said in a statement.

Intersil is an American semiconductor company headquartered in Milpitas, California. As of February 24, 2017, Intersil is a subsidiary of Renesas. The previous Intersil was formed in August 1999 through the acquisition of the semiconductor business of Harris Corporation.

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