Microchip Technology

Microchip Technology Incorporated is an American publicly traded semiconductor corporation that manufactures microcontrollers, microprocessors, integrated circuits (digital, mixed-signal, and analog), and flash memory.

Its corporate headquarters is located in Chandler, Arizona. Its wafer fabs are located in Gresham, Oregon, and Colorado Springs, Colorado. The company's assembly/test facilities are in Chachoengsao, Thailand, and Calamba and Cabuyao, Philippines.

History

Origins

Microchip Technology was founded in 1987 when General Instrument spun off its microelectronics division as a wholly owned subsidiary.[2] The newly formed company was a supplier of programmable non-volatile memory, microcontrollers, digital signal processors

Acquisitions

In 1995, Microchip acquired KeeLoq technology from Nanoteq of South Africa for $10M in cash. Microchip Technology used the purchase to create the Secure Data Products Group.

On May 24, 2000, Microchip acquired a wafer fab in Puyallup, Washington that was formerly owned by Matsushita Electric Industrial Company.[17][18][19] On October 19, 2007, due to the great recession, the facility, known as Fab 3, was sold for $30M from an unsolicited offer.[20][21]

On October 27, 2000, Microchip purchased TelCom Semiconductor of Mountain View, California for $300M.[22]

In 2002, Microchip acquired a wafer fab in Gresham, Oregon from Fujitsu for $183.5M. This fab became, and still is, Microchip's largest and is known as Fab 4.[23]

On October 15, 2008, Microchip acquired Hampshire Company, a company that sold large-format universal touch screen controller electronics and related software.[24][25]

On February 20, 2009, Microchip acquired Australia-based HI-TECH Software.[26]

On January 11, 2010, Microchip acquired Thomas H. Lee's Sunnyvale, California-based ZeroG Wireless for an undisclosed amount after a year-long partnership. The deal allowed Microchip to provide a Wi-Fi product for its PIC microcontrollers.[27][28][29]

In April 2010, Microchip completed the acquisition of Silicon Storage Technology (SST) from for about $292M. Microchip and Cerberus Capital Management both made offers for the company. Microchip sold several SST flash memory assets back to Bing Yeh, co-founder of SST, to another one his companies the next month.[30][31]

In 2012, Microchip acquired German-based Ident Technology AG, California based Roving Networks, and Standard Microsystems Corporation.[32][33][34][35]

On June 3, 2013, Microchip acquired Novocell Semiconductor, Inc. through its Silicon Storage Technology (SST) subsidiary.[36][37]

In 2014, Microchip acquired Supertex, Inc and Belgian-based EqcoLogic on February 10,[38][39][40][41] and Taiwan-based ISSC Technologies on May 22.[42][43]

On August 3, 2015, Microchip acquired IC manufacturer Micrel for about $839M.[44][45]

In January 2016, Microchip purchased San Jose, California-based Atmel for $3.56bn. JPMorgan Chase advised Microchip while Qatalyst Partners advised Atmel.[46][47][48][49]

In May 2018, Microchip acquired Microsemi Corporation.[50]

In October 2020, Microchip acquired New Zealand-based Tekron International Limited for an undisclosed amount.[51]

In April 2024, Microchip acquired both South Korea-based VSI Co. Ltd.[52] and Neuronix AI Labs.[53]

type	Public
traded as	nasdaq: MCHP Nasdaq-100 component S&P 500 component
key people	Steve Sanghi (president, CEO & chairman) J. Eric Bjornholt (CFO)
industry	Semiconductors
products	Microcontrollers Serial EEPROMs Serial SRAMs Analog ICs
revenue	US$4.40 billion (2025)
operating income	US$296 million (2025)
net income	US$-2.7 million (2025)
assets	US$15.4 billion (2025)
equity	US$7.08 billion (2025)
num employees	19,400 (2025)
founded	1989
hq location	Chandler, Arizona, U.S.
website	microchip.com
footnotes	Financials as of March 31, 2025.‡R1R‡

Microchip Technology

History

Origins

1990-2024

2024-present

Acquisitions

Products

Product milestones

Wafer fabs

See also

External links

References