Fusion mellem NEC og Renesas er endelig på plads
NEC Electronics er nu blevet enige om betingelserne for integrationen af NEC Electronics og Renesas, der videreføres under Renesas' navn og logo – dog med blå logofarve i stedet for rød (in english).
NEC Electronics Corporation and Renesas Technology Corp. (Renesas), NEC Corporation (NEC), Hitachi, Ltd. (Hitachi), and Mitsubishi Electric Corporation (Mitsubishi Electric) today announced that they have signed a definitive agreement to integrate business operations at NEC Electronics and Renesas.The name of the new integrated company will be Renesas Electronics Corporation (tentative) and it will use Renasas’ logo (with blue instead of red).
The business integration will become effective following the adoption of the resolutions at the Extraordinary General Meeting of Shareholders of NEC Electronics and Renesas and approval by authorities concerned.
Both as leading semiconductor companies, NEC Electronics and Renesas provide a wide variety of semiconductor solutions, primarily specializing in microcontroller units (MCUs).
In light of fierce global competition and structural changes triggered by the rapid expansion of emerging markets in the semiconductor market, NEC Electronics and Renesas have been exploring the possibility of the Business Integration after signing a basic agreement on April 27, 2009, in order to further strengthen their business foundations and technological assets, while increasing corporate value through enhanced customer satisfaction.
The integrated company will provide products in its three major product groups, MCUs, SoCs, and discrete products, by concentrating its development resources to further strengthen the companies’ respective advantages. The integrated company aims to expand its business by offering complete solutions that extend the three major groups to best fit the requirement of customers of all kinds of industries.
In order to address the ongoing challenges of the current economic downturn, NEC Electronics and Renesas will each continue to execute structural reform plans in order to strengthen their business frameworks. The two companies will integrate their operations and generate synergies to establish a powerful new semiconductor company that is capable of consistently achieving high earnings in order to withstand changing semiconductor market conditions.
