Microchip closes SMSC deal, discusses integration plans

Ismini Scouras, EETimes
8/3/2012 12:13 PM EDT

NEW YORK—Microcontroller, analog and Flash-IP vendor Microchip Technology Inc. completed the $939 million acquisition of fabless ASSP provider Standard Microsystems Corp. (SMSC), giving it a presence in two key vertical markets: wireless audio and computing.

But for Steve Sanghi, president and CEO of Microchip, the process took just a little bit too long.

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