Lucky Sa electron buys IDT, consolidate embedded solution whole world is banner position
[introduction] company limited of lucky Sa electron and include sensor, interconnection and radio source inside product of imitate mixture signal is lead supplier Integrated Device Technology, inc. Announce today, both sides already signed final agreement, according to the agreement, lucky Sa electron the price with every 49 dollars, total equity value restrains 6.7 billion dollar (close 110 yen about by 1 dollar, amount closes about 7, 33 billion yen) means of whole ready money business buys IDT.

Trading main window:
• passes what mix signal product company to imitate to buy perfect product lineup, the development strategy of electron of Sa of strong support luck;
The imitate of •IDT mixes signal product, include sensor, high-powered interconnection, radio frequency and fiber-optic and radio source, with MCU of lucky Sa electron (small controller) , SoC (piece on system) with power source management IC photograph is united in wedlock, offer integrated and comprehensive solution for the client, satisfy the information processing demand that increases increasingly to big data processing from content couplet net;
The memory interconnection of •IDT and product of special report source control are helpful for the data economy field that lucky Sa electron is developing ceaselessly realizing business to grow, strengthen its to be in the consequence of industry and car market;
• plan buys IDT with ready money of every 49 dollars all and current share, be equivalent to up to the price of excessive of share price of IDT common stock of uninfluenced was made an appointment with on August 30, 2018 29.5% ;
• predicts to trade lucky Sa electron will increase to predict to be not interest rate of wool of general accounting standard, blame significantly after finishing general accounting standard every accrual (Non-GAAP EPS) reach free cash to flow;
Plan of electron of • luck Sa lays in peace treaty with cash 6, the bank loan of 79 billion yen is trade financing. This second trade won’t issue additional share.
On September 11, 2018, japanese Tokyo | On September 10, 2018, dispatch of He Sai of American California emperor–The semiconductor solution supplier with banner whole world company limited of lucky Sa electron and include sensor, interconnection and wireless power supply inside product of imitate mixture signal is lead supplier Integrated Device Technology, inc. Announce today, both sides already signed final agreement, according to the agreement, lucky Sa electron the price with every 49 dollars, total equity value restrains 6.7 billion dollar (close 110 yen about by 1 dollar, amount closes about 7, 33 billion yen) means of whole ready money business buys IDT. This second buying is embedded processor and imitate mix signal semiconductor the conformity of leader of two large industries, both sides can optimize the function of system of high-powered computation electron and efficiency through respective superior goods. Should trade to already obtained bilateral board of directors to be approved consistently. Trade predict to be in after winning IDT partner and approval of relevant superintendency orgnaization, will finish first half of the year 2019.
Since 2016, lucky Sa electron develops the strategy in what execute a company all the time, stimulative company is exhibited in the bitter fleabane break out of global market, those who become the whole world to precede is embedded solution supplier. As the one part of the plan, lucky Sa electron is enlarging imitate solution battle array hard, reinforce solution product form a complete set, include MCU, SoC and imitate to mix signal product. The fact of company development strategy is a foundation with the income growth of key domain soon: Car domain, predict to drive automatically car and electric motor-car / mixture motor vehicle has tremendous growth potential; Industry and infrastructure domain, predicting industry 4 with 5G (the Five Dynasties) wireless communication, and the content couplet net of rapid growth (IoT) domain will develop further. Lucky Sa electron thinks, dilate is bought is to realize the strategy of this one development, crucial factor that prompts a company to grow further. Finished in Feburary 2017 right flower special silicon Er company (Intersil) after buying, the power source government that the product combination of lucky Sa electron added industry to precede and accurate imitate function. Integrated solution will be lucky Sa electron to bring the business chance that your person expects in key business domain. Announce today trade to also will quicken growing strategy of lucky Sa electron further, bring massive strategy and economic benefits, include:
Complementary product expanded the solution of lucky Sa electron furnishs
Buy this will be lucky Sa electron embedded the system offers rich imitate to mix signal product, include interface of advanced and radio frequency, time, memory and power source management, smooth interconnection, wireless power source and intelligent response. The MCU with these product line and lucky Sa advanced electron, SoC and IC of power source management are united in wedlock, make lucky Sa electron can offer integrated and comprehensive solution, support the demand that high-powered data processing increases increasingly. Rich solution supply covered front of exterior sensor, imitate, processor and port, the system that provides optimization for the user.
Increase business to increase opportunity
The data of IDT passes feeling, memory and interconnection imitate to mix signal product is support data economy grows main part. Conduce to lucky Sa electron expanding business domain apply related the data economy of rapid growth through buying, include data center and communication infrastructure, strengthen its to be in the consequence of industry and car market.
Accelerate management and operation globalization
The diversification talented person that buys Intersil to bring and administrative ability accelerated the globalization operation of lucky Sa electron. Announce today trade the ability that will enhance lucky Sa electron to implement globalization strategy further.
Remarkable economic benefits
Lucky Sa electron predicts, platform of more wholesale business will bring more business opportunity and open the passageway that enters rapid development industry to realize the near future and long-term income growth, cost to reduce thereby, bring for the company then innovation and improve, generate about 250 million dollar (beforehand appraise is not general accounting standard year business income) economic benefits. Predict to trade electron of Sa of the luck after finishing is not rate of gross profit of general accounting standard to will rise instantly about 1.6% , be not general accounting standard every earnings increases about 18% .
Company limited of lucky Sa electron holds essence of presiding apparitor Wu Wen concurrently to express on behalf of trustee, president, “ this second buy the imitate that will bring the market to precede for us not only to mix signal product to expand we have product line, and still will bring outstanding professional, raise lucky Sa electron embedded the function of the solution. The product of IDT and our MCU, SoC and photograph of IC of power source management are united in wedlock, the product of electron of Sa of will rich luck is supplied and expand our business to new field, the data economy that rises ceaselessly for example is relevant domain. ”
“ mixes signal domain and lucky Sa electron to be in in imitate through IDT small controller and car / the union of the lead position that the industry specializes in a domain, will be born a new global semiconductor tycoon. ”IDT president holds presiding apparitor Gregory L concurrently. Waters expresses, the crucial capacity that the company after “ is amalgamative will have place of the client in contemporary data economy to need. ”
In be bought this, lucky Sa electron will buy IDT share with the price of every 49 dollars (add up to restrains 6.7 billion dollar (close 110 yen about by 1 dollar, amount closes about 7, 33 billion yen) . Plan of lucky Sa electron is laid in with cash and about 6, loan of bank of 79 billion yen pays this to buy fare. Lucky Sa electron does not plan to undertake equity financing.
Morgan Stanley (Magenshidanli) , BofA Merrill Lynch (beautiful Yin Meilin) with Mizuho Securities (lucky spic negotiable securities) the finance affairs that held the position of lucky Sa electron is advisory; Morrison&Foerster LLP (office of beautiful rich attorney) , Covington&Burling LLP (office of Bai Ling’s attorney) with Nagashima Ohno&Tsunematsu (long island? Big wild? Office of Chang Song law) the counsel that held the position of lucky Sa electron. J.P. Morgan (Magendatong) held the position of IDT exclusive finance affairs is advisory; Latham&Watkins LLP (luck gives birth to attorney office) the counsel that held the position of IDT.