Renesas to bag up IDT

Renesas is looking at buying IDT for $6 billion, reports the Nikkei.  Renesas is engaged in something of a renaissance under CEO Bunsei Kure (pictured) who took over in May 2016. In February 2017, Renesas bought Intersil for $3.2 billion. Five years before that, in 2012, Renesas had to be bailed out by the Japanese ...

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