Microchip Technology Acquires VORAGO Technologies
Microchip Technology has acquired Texas-based VORAGO Technologies, a company specializing in radiation-hardened and radiation-tolerant microcontrollers (MCUs) and microprocessors (MPUs). The acquisition aims to expand Microchip's capabilities into the aerospace and defense sectors. Terms of the deal were not disclosed. The transaction is described as non-material to Microchip Technology’s financials, suggesting it will have a limited impact on its overall operations or market valuation in the near term.
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