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Micrel, one of Silicon Valley's oldest chip firms, agrees to sell to Microchip Technology

2015-05-08 04:50:02| Electronics - Topix.net

One of Silicon Valley's oldest independent semiconductor companies agreed to be sold Thursday, becoming another in a wave of chip consolidations. Micrel, which was founded in 1978 and has been run since by cofounder and CEO Raymond Zinn, has agreed to be purchased for $14 a share by Microchip Technology, an Arizona-based chip firm.

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