Loading...

Zentrum Mikroelektronik Dresden Ag

Visit website

DRESDEN, Germany, Dec. 7, 2015--Integrated Device Technology, Inc.® (IDT®) (NASDAQ: IDTI) today completed the acquisition of privately held ZMDI (Zentrum Mikroelektronik Dresden AG) for $307 million. Announced six weeks ago, the acquisition brings to IDT a highly regarded automotive and industrial business, as well as high-performance programmable power devices and signal conditioning solutions.

TOKYO, Japan, March 30, 2019 JST | San Jose, California, U.S.A., March 29, 2019 PST― Renesas Electronics Corporation (TSE: 6723, “Renesas”), a premier supplier of advanced semiconductor solutions, and Integrated Device Technology, Inc. (“IDT”), a leading supplier of analog mixed-signal products, including sensors, connectivity and wireless power, today jointly announced the successful completion of Renesas’ acquisition of IDT, as of March 30, 2019 JST, March 29, 2019 PDT, following approvals by IDT shareholders and the relevant regulatory authorities.


DRESDEN, Germany, Dec. 7, 2015--Integrated Device Technology, Inc.® (IDT®) (NASDAQ: IDTI) today completed the acquisition of privately held ZMDI (Zentrum Mikroelektronik Dresden AG) for $307 million. Announced six weeks ago, the acquisition brings to IDT a highly regarded automotive and industrial business, as well as high-performance programmable power devices and signal conditioning solutions.

“IDT has gained an extraordinarily talented team and intellectual property that will help fuel our growth as we continue to outpace the semiconductor industry at large,” said IDT President and CEO Greg Waters. “In addition to increasing our technology portfolio, we gain a very complimentary customer base that significantly extends our future ability to provide integrated system-level semiconductor solutions.”

ZMDI’s strength in the automotive and industrial segments provides IDT immediate design-in leverage for wireless charging, power management, and timing and signal conditioning. ZMDI’s high-power programmable power devices complement IDT’s existing low- and medium-power devices, creating a new industry franchise for high-performance, scalable power management solutions ideal for everything from solid state drives to data centers and 4G/5G base stations.

Part categories