
Chinese government approved Microchip's Microsemi buyout
Announced in Chinese media
Microchip has been caught on the hop after the Chinese media announced that its government had approved its $8.35 billion bid to buy Microsemi.

Microchip to buy Microsemi
Military chipmaker to be bought
Microchip is writing a cheque to buy Microsemi which is the most significant US commercial supplier of military and aerospace semiconductor equipment, for about $8.35 billion.