Chipmaker Renesas goes deeper into autonomous vehicles with $6.7B acquisition — TechCrunch

Japan-based semiconductor firm Renesas — one of the world’s largest supplier of chips for the automotive industry — is scooping up U.S. chip company IDT in a $6.7 billion deal that increases its focus on self-driving technology. Renesas produces microprocessor and circuits that power devices, and automotive is its core focus. It is second only to NXP…

via Chipmaker Renesas goes deeper into autonomous vehicles with $6.7B acquisition — TechCrunch

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.