Renesas

Renesas

Japan’s Renesas Electronics Corp has, in a latest statement, said that the company has agreed upon a deal to buy Integrated Device Technology Inc. for $6.7 bn. This marks the second notable acquisition for Renesas as the company looks to dive deeper into the field of semiconductors for driver-free or self-driving vehicles. As for the U.S. chip company, the deal highlights the intense level of competition among international chipmakers as