Moody's said Microchip's agreement to acquire Microsemi has no immediate impact on Microsemi's ratings
Moody's Investors Service ("Moody's") said that Microchip Technology Inc.'s ("Microchip") agreement to acquire Microsemi Corporation has no immediate impact on Microsemi's ratings, including the corporate family rating ("CFR") of Ba2, probability of default rating ("PDR") of Ba2-PD, senior...Microsemi designs, manufactures and markets analog and mixed-signal semiconductor solutions. The company provides a portfolio of semiconductor and system solutions. Products include radiation-hardened analog mixed-signal integrated circuits, field programmable gate arrays, system on chip solutions and application-specific integrated circuits; power management products; time solutions; voice processing devices; radio frequency solutions; discrete components; enterprise storage and communication solutions; security technologies; Ethernet solutions; Power-over-Ethernet integrated circuits and midspans; as well as custom design capabilities and services.
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