交易的主要亮點:
? 通過對模擬混合信號產品公司的收購完善產品陣容，有力支持瑞薩電子的發展戰略；
? IDT的模擬混合信號產品，包括傳感器、高性能互聯、射頻和光纖以及無線電源，與瑞薩電子MCU（微控制器）、SoC（片上系統）和電源管理IC相結合，為客戶提供綜合全面的解決方案，滿足從物聯網到大數據處理日益增長的信息處理需求；
? IDT的內存互聯和專用電源管理產品有利于瑞薩電子在不斷發展的數據經濟領域實現業務增長，并加強其在產業和汽車市場的影響力；
? 計劃以每股49.00美元現金收購IDT所有流通股份，相當于截至2018年8月30日未受影響的IDT普通股股價溢價約29.5%；
? 預計交易完成后將顯著增加瑞薩電子預計非通用會計準則毛利率、非通用會計準則每股收益（Non-GAAP EPS）及自由現金流；
? 瑞薩電子計劃以現金儲備和約6,790億日元的銀行貸款為交易融資。本次交易不會發行額外股份。
2018 年 9 月11日，日本東京 | 2018年9月10日，美國加利福尼亞圣何塞訊 – 全球領先的半導體解決方案供應商瑞薩電子株式會社（TSE：6723）與包括傳感器、互聯和無線電源在內的模擬混合信號產品領先供應商Integrated Device Technology, Inc. (“IDT”, NASDAQ: IDTI) 今天宣布，雙方已簽署最終協議，根據協議，瑞薩電子將以每股49.00美元的價格，總股權價值約67億美元 (按1美元約合110日元，總額約合7,330億日元) 全現金交易方式收購IDT。本次收購是嵌入式處理器和模擬混合信號半導體兩大行業領導者的整合，雙方通過各自優勢產品能夠優化高性能計算電子系統的性能和效率。該交易已獲得雙方董事會一致批準。交易預計在獲得IDT股東和相關監管機構批準后，將于2019年上半年完成。
自2016年以來，瑞薩電子一直在實行公司的發展戰略，促進公司在全球市場的蓬勃發展，成為全球領先的嵌入式解決方案供應商。作為計劃的一部分，瑞薩電子正在努力擴大模擬解決方案陣容，并加強解決方案產品配套，包括MCU、SoC和模擬混合信號產品。 公司發展戰略的實行將以重點領域的收入增長為基礎：汽車領域，預計自動駕駛汽車和電動車/混合動力車具有巨大增長潛力；產業和基礎設施領域，預計工業4.0和5G（第五代）無線通信，以及快速增長的物聯網 (IoT) 領域將進一步發展。瑞薩電子認為，擴張并購是實現這一發展戰略、推動公司進一步增長的關鍵因素。在2017年2月完成對英特矽爾公司（Intersil）的收購之后，瑞薩電子的產品組合增加了業界領先的電源管理和精密模擬功能。整合的解決方案將在重點業務領域為瑞薩電子帶來令人期待的商機。今天宣布的交易也將進一步加速瑞薩電子成長戰略，帶來巨大的戰略和經濟效益，包括：
l互補的產品擴展了瑞薩電子的解決方案供給
此次收購將為瑞薩電子嵌入式系統提供豐富的模擬混合信號產品，包括射頻、先進定時、存儲接口及電源管理、光互聯、無線電源及智能感應。這些產品線與瑞薩電子先進的MCU、SoC以及電源管理IC結合，使瑞薩電子能夠提供綜合全面的解決方案，支持高性能數據處理日益增長的需求。豐富的解決方案供給涵蓋了外部傳感器、模擬前端、處理器和接口，將為用戶提供最優化的系統。
l增加業務增長機遇
IDT的數據傳感、存儲和互聯模擬混合信號產品是支持數據經濟增長主要部件。通過收購有助于瑞薩電子將業務領域擴展到快速增長的數據經濟相關應用，包括數據中心和通信基礎設施，并加強其在產業和汽車市場的影響力。
l加速管理和運營全球化
收購Intersil帶來的多樣化人才和管理能力加快了瑞薩電子的全球化運營。今天宣布的交易將進一步加強瑞薩電子落實全球化戰略的能力。
l顯著的經濟效益
瑞薩電子預計，更大規模商業平臺將帶來更多業務機遇并打開進入快速發展行業的通道從而實現近期和長期的收入增長、成本降低，進而為公司帶來創新與改進，并產生約2.5億美元（預估非通用會計準則年營業收入）的經濟效益。預計交易完成后瑞薩電子非通用會計準則毛利率將立即提高約1.6%、非通用會計準則每股收益增加約18%。
瑞薩電子株式會社代表董事、總裁兼首席執行官吳文精表示，“本次收購不僅將為我們帶來市場領先的模擬混合信號產品擴展我們現有產品線，而且還將帶來優秀的專業人才，提高瑞薩電子嵌入式解決方案的性能。IDT的產品與我們的MCU、SoC和電源管理IC相結合，將豐富瑞薩電子的產品供應并將我們的業務擴展至新的領域，例如不斷增長的數據經濟相關領域。”
“通過IDT在模擬混合信號領域以及瑞薩電子在微控制器以及汽車/產業專營領域的領先地位的結合，將誕生一個新的全球半導體巨頭?！盜DT總裁兼首席執行官Gregory L. Waters則表示，“合并后的公司將擁有現代數據經濟中客戶所需的關鍵能力?！?/p>
在此次收購中，瑞薩電子將以每股49.00美元的價格收購IDT股份（總計約67億美元（按1美元約合110日元，總額約合7,330億日元））。瑞薩電子計劃以現金儲備以及約6,790億日元銀行貸款支付此項收購費用。瑞薩電子不打算進行股權融資。
Morgan Stanley（摩根士丹利）、BofA Merrill Lynch（美銀美林）和Mizuho Securities（瑞穗證券）擔任了瑞薩電子的財務顧問；Morrison & Foerster LLP（美富律師事務所）、Covington & Burling LLP（柏靈律師事務所）和Nagashima Ohno & Tsunematsu（長島?大野?常松法律事務所）擔任了瑞薩電子的法律顧問。J.P. Morgan（摩根大通）擔任了IDT獨家財務顧問；Latham & Watkins LLP（瑞生律師事務所）擔任了IDT的法律顧問。
關于瑞薩電子株式會社
瑞薩電子株式會社 (TSE: 6723) ，為客戶提供可靠的創新嵌入式設計和完整的半導體解決方案，旨在通過使用其產品的數十億聯網智能設備安全可靠地改善人們的工作和生活方式。作為全球領先的微控制器供應商、模擬功率器件和SoC產品的領導者，瑞薩電子為汽車、工業、家用電子產品（HE）、辦公自動化（OA）、信息通信技術（ICT）等各種應用提供專業的技術支持、品質保證和綜合的解決方案，期待與您攜手共創無限未來。更多信息，敬請訪問 renesas.com。
關于IDT
Integrated Device Technology, Inc. (NASDAQ: IDTI) 致力于通過開發系統級解決方案優化客戶的應用。 IDT在射頻、高性能定時、存儲器接口、實時互聯、光互聯、無線電源和智能傳感器等領域擁有市場領先的產品，組成了廣泛、完整的混合信號解決方案，用于通信、計算、消費、汽車和工業領域。 IDT總部位于美國加利福尼亞州圣何塞，在全球設有設計、制造、銷售機構和分銷合作伙伴。更多信息，敬請訪問www.IDT.com。 也可在Facebook, LinkedIn, Twitter,和YouTube上關注IDT。
Additional Information and Where to Find It
This communication is being made in respect of the proposed transaction involving IDT and Renesas. In connection with the proposed transaction, IDT plans to file with the Securities and Exchange Commission (“SEC”) and mail or otherwise provide to its stockholders a proxy statement regarding the proposed transaction. IDT may also file other documents with the SEC regarding the proposed transaction. This communication is not a substitute for the proxy statement or any other document that may be filed by IDT with the SEC. BEFORE MAKING ANY VOTING DECISION, IDT’S STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT IN ITS ENTIRETY WHEN IT BECOMES AVAILABLE AND ANY OTHER DOCUMENTS FILED BY IDT WITH THE SEC IN CONNECTION WITH THE PROPOSED TRANSACTION OR INCORPORATED BY REFERENCE THEREIN BEFORE MAKING ANY VOTING OR INVESTMENT DECISION WITH RESPECT TO THE PROPOSED TRANSACTION BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND THE PARTIES TO THE PROPOSED TRANSACTION. Investors and stockholders may obtain a free copy of the proxy statement and other documents IDT files with the SEC (when available) through the website maintained by the SEC at www.sec.gov. IDT makes available free of charge at www.idt.com (in the “Investors” section), copies of materials it files with, or furnishes to, the SEC.
Participants in the Solicitation
IDT and its directors, executive officers and certain employees and other persons may be deemed to be participants in the solicitation of proxies from IDT’s stockholders in connection with the proposed transaction. Security holders may obtain information regarding the names, affiliations and interests of IDT’s directors and executive officers in IDT’s Annual Report on Form 10-K for the fiscal year ended April 1, 2018, which was filed with the SEC on May 18, 2018, and its definitive proxy statement for the 2018 annual meeting of stockholders, which was filed with the SEC on July 30, 2018. Additional information regarding the interests of such individuals in the proposed transaction will be included in the proxy statement relating to the proposed transaction when it is filed with the SEC. These documents (when available) may be obtained free of charge from the SEC’s website at www.sec.gov and IDT’s website at www.idt.com
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This communication contains certain information which may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These statements relate to future events that are based on current expectations, estimates, forecasts and projections. These statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. All statements other than statements of historical fact or relating to present facts or current conditions included in this communication are forward-looking statements. Such forward-looking statements include, among others, IDT’s current expectations and projections relating to its financial condition, results of operations, plans, objectives, future performance and business. Forward-looking statements can usually be identified by the use of terminology such as “anticipate,” “believe,” “could,” “continue,” “estimate,” “expect,” “goals,” “intend,” “likely,” “may,” “might,” “plan,” “project,” “seek,” “should,” “target,” “will,” “would,” and variations of such words and similar expressions.
Those risks, uncertainties and assumptions include, (i) the risk that the proposed transaction may not be completed in a timely manner or at all, which may adversely affect IDT’s business and the price of the common stock of IDT, (ii) the failure to satisfy any of the conditions to the consummation of the proposed transaction, including the adoption of the merger agreement by the stockholders of IDT and the receipt of certain governmental and regulatory approvals, (iii) the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement, (iv) the effect of the announcement or pendency of the proposed transaction on IDT’s business relationships, operating results and business generally, (v) risks that the proposed transaction disrupts current plans and operations and the potential difficulties in employee retention as a result of the proposed transaction, (vi) risks related to diverting management’s attention from IDT’s ongoing business operations (vii) the outcome of any legal proceedings that may be instituted against us related to the merger agreement or the proposed transaction; (viii) unexpected costs, charges or expenses resulting from the proposed transaction; and (ix) other risks described in IDT’s filings with the SEC, such as its Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K.
Any forward-looking statement made in this communication speaks only as of the date on which it is made. You should not put undue reliance on any forward-looking statements. IDT undertakes no obligation, and expressly disclaims any obligation, to update, alter or otherwise revise any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise, except as may be required by law. If we do update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.