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Microchip Technology Acquires VORAGO Technologies to Expand Space and Defense Chip Portfolio

Nasdaq +1 ·

MCHP Microchip Technology Inc
$75.52 -3.20%
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  1. 1Microchip Technology has acquired VORAGO Technologies, a company specializing in radiation-hardened chips.
  2. 2VORAGO has recorded more than 24,000 products shipped worldwide since its founding.
  3. 3MCHP stock has risen more than 14% year-to-date.

So what's the key point?

Microchip Technology purchased VORAGO Technologies, which makes components for space and defense. This acquisition expands its product lineup, and the stock price has risen over 14% this year.

Source Nasdaq +1 · View original ↗

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