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Finance

Microchip buys Micrel

Microchip-64bit-flash

Microchip has bought Micrel for $839 million. Micrel had been pushed into finding a buyer by an activist shareholder which took a 12% shareholding in the company.

GaN Systems gets £20m in series C for power transistors

GaN Systems

Canadian power transistor firm GaN Systems has raised $20m in series C funding. Led by Cycle Capital Management, the round included existing investors Chrysalix Energy Venture Capital and RockPort Capital, and new firms BDC Capital and Tsing Capital of Beijing. “As GaN Systems’ customers launch multiple consumer and enterprise products designed with its gallium nitride transistors, this financing will enable ...

Elektra Awards 2015 open for entries

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The Elektra European Electronics Industry Awards 2015 are launched this week. Celebrating product innovation and business success in the industry for more than a decade, the Elektra Awards is recognised as the best promotional platform to celebrate the achievements of individuals and companies across the electronics industry. We invite companies to enter this year’s awards and be part of the ...

Tech sector has election jitters

UK tech companies are worried about the potential for an uncertain outcome in this week’s General Election. New business volumes rose at the slowest rate since mid-2013 due to uncertainty and delays with clients’ decision making ahead of the general election, according to the latest KPMG/Markit Tech Monitor UK survey. But the tech sector is more positive about longer term ...