Microchip

Microchip Technology to Present at the 2020 Wells Fargo TMT Summit

Retrieved on: 
Monday, November 30, 2020

CHANDLER, Ariz., Nov. 30, 2020 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the 2020 Wells Fargo TMT Summit on Wednesday, December 2, 2020, at 9:20a.m.

Key Points: 
  • CHANDLER, Ariz., Nov. 30, 2020 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the 2020 Wells Fargo TMT Summit on Wednesday, December 2, 2020, at 9:20a.m.
  • A live webcast of the presentation will be made available by Wells, and can be accessed on the Microchip website at www.microchip.com .
  • Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions.
  • Note: The Microchip name and logo are registered trademarks of Microchip Technology Inc. in the USA and other countries.

Microchip Technology to Present at the 43rd Nasdaq Investor Conference

Retrieved on: 
Monday, November 30, 2020

CHANDLER, Ariz., Nov. 30, 2020 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the 43rd Nasdaq Investor Conference on Thursday, December 3, 2020, at 8:00a.m.

Key Points: 
  • CHANDLER, Ariz., Nov. 30, 2020 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the 43rd Nasdaq Investor Conference on Thursday, December 3, 2020, at 8:00a.m.
  • A live webcast of the presentation will be made available by Wells, and can be accessed on the Microchip website at www.microchip.com .
  • Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions.
  • Note: The Microchip name and logo are registered trademarks of Microchip Technology Inc. in the USA and other countries.

Microchip Technology to Present at the Credit Suisse 24th Annual Tech Conference

Retrieved on: 
Monday, November 30, 2020

CHANDLER, Arizona, Nov. 30, 2020 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the Credit Suisse 24th Annual Tech Conference on Tuesday, December 1, 2020, at 8:00a.m.

Key Points: 
  • CHANDLER, Arizona, Nov. 30, 2020 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the Credit Suisse 24th Annual Tech Conference on Tuesday, December 1, 2020, at 8:00a.m.
  • A live webcast of the presentation will be made available by Credit Suisse, and can be accessed on the Microchip website at www.microchip.com .
  • Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions.
  • Note: The Microchip name and logo are registered trademarks of Microchip Technology Inc. in the USA and other countries.

Microchip Technology Incorporated Announces Private Placement of $609 Million Principal Amount of 0.125% Convertible Subordinated Notes Due 2024 and Related Exchange Transactions

Retrieved on: 
Friday, November 20, 2020

The Exchange Transactions are expected to close concurrently on or aboutDecember 1, 2020, subject to customary closing conditions.

Key Points: 
  • The Exchange Transactions are expected to close concurrently on or aboutDecember 1, 2020, subject to customary closing conditions.
  • In exchange for issuing, delivering and paying, as applicable, the New Notes, shares of Microchips common stock and cash pursuant to the Exchange Transactions, Microchip will receive and cancel the exchanged Existing Notes.
  • In connection with the exchange agreements, Microchip entered into capped call transactions with certain dealers (the option counterparties).
  • Note: The Microchip name and logo are registered trademarks of Microchip Technology Inc. in the USA and other countries.

Microchip Technology Announces Appointment of Karen Rapp to the Board of Directors

Retrieved on: 
Thursday, November 5, 2020

In a separate press release, Microchip announced that Ganesh Moorthy will join the Board of Directors effective January 4, 2021.

Key Points: 
  • In a separate press release, Microchip announced that Ganesh Moorthy will join the Board of Directors effective January 4, 2021.
  • With these two board appointments, Microchip will expand its Board from five to seven members.
  • I am proud to be joining the board of directors of Microchip and look forward to learning as well as contributing to the success of Microchip.
  • Note: The Microchip name and logo are registered trademarks of Microchip Technology Inc. in the USA and other countries

Microchip Technology Announces CEO Transition

Retrieved on: 
Thursday, November 5, 2020

CHANDLER, Ariz., Nov. 05, 2020 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that its long serving CEO Steve Sanghi will transition to an Executive Chair role effective March 1, 2021.

Key Points: 
  • CHANDLER, Ariz., Nov. 05, 2020 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that its long serving CEO Steve Sanghi will transition to an Executive Chair role effective March 1, 2021.
  • I will continue in the role of Executive Chair and continue to participate in the strategic direction and growth of Microchip.
  • Mr. Sanghi led the turnaround of Microchip and later documented this in his book Driving Excellence, How the Aggregate System Turned Microchip from a Failing Company to a Market Leader.
  • Note: The Microchip name and logo are registered trademarks of Microchip Technology Inc. in the USA and other countries.

Microchip Acquires High-Level Synthesis Tool Provider LegUp to Simplify Development of PolarFire® FPGA-based Edge Compute Solutions

Retrieved on: 
Wednesday, October 21, 2020

Microchip acquired Vancouver, Canada-based VectorBlox Computing in August 2019 to enhance its portfolio of solutions for edge compute applications .

Key Points: 
  • Microchip acquired Vancouver, Canada-based VectorBlox Computing in August 2019 to enhance its portfolio of solutions for edge compute applications .
  • Microchips award-winning PolarFire FPGAs deliver 50 percent lower power than alternative solutions at mid-range densities while providing high levels of security and reliability.
  • Microchip Technology Inc. is a leading provider of smart, connected and secure embedded control solutions.
  • Note: The Microchip name and logo, the Microchip logo and PolarFire are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries.

Microchip Announces Microcontrollers that Solve Tough Analog System Design Challenges

Retrieved on: 
Tuesday, October 20, 2020

With a unified, seamless development tool experience, designers can use these MCUs as a single-chip controller, or as an intelligent analog signal conditioning component in a larger system.

Key Points: 
  • With a unified, seamless development tool experience, designers can use these MCUs as a single-chip controller, or as an intelligent analog signal conditioning component in a larger system.
  • MCC and START help analog and digital designers easily configure an Op Amp system for various typical use cases through a graphical user interface with no coding required.
  • For additional information, contact a Microchip sales representative, authorized worldwide distributor, or visit Microchips website.
  • To purchase products mentioned here visit our purchasing portal or contact a Microchip authorized distributor.

Microchip Technology Narrows Financial Guidance for Second Quarter Fiscal 2021

Retrieved on: 
Wednesday, September 9, 2020

Microchip previously provided guidance on August 4, 2020 for consolidated net sales to be flat to down 8% sequentially, with a midpoint of down 4%.

Key Points: 
  • Microchip previously provided guidance on August 4, 2020 for consolidated net sales to be flat to down 8% sequentially, with a midpoint of down 4%.
  • Microchip now expects consolidated net sales for the September quarter to be down between 2% and 6% sequentially with an unchanged mid-point of down 4%.
  • We are also seeing the automotive and industrial end markets that were weak in the June 2020 quarter start to recover in the current quarter.
  • Note: The Microchip name and logo are registered trademarks of Microchip Technology Inc. in the USA and other countries.

Microchip Technology to Present at the Citi 2020 Global Technology Conference

Retrieved on: 
Tuesday, September 8, 2020

CHANDLER, Ariz., Sept. 08, 2020 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the Citi 2020 Global Technology Conference on Wednesday, September 9, 2020, at 5:10p.m.

Key Points: 
  • CHANDLER, Ariz., Sept. 08, 2020 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the Citi 2020 Global Technology Conference on Wednesday, September 9, 2020, at 5:10p.m.
  • A live webcast of the presentation will be made available by Citi, and can be accessed on the Microchip website at www.microchip.com .
  • Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions.
  • Note: The Microchip name and logo are registered trademarks of Microchip Technology Inc. in the USA and other countries.