They may have paid a stteep prifce at $394 million bu it is probably worth it givven the opportunity this represents for Microchip. They need to expande and takje advantage of their strong position while they can.
Microchip has some great products for the digital control side of LED lighting applications. The missing piece in a complete solution (direct connect to mains and driving very large LED arrays/strings) is high voltage capability. Great growth market and one where owning the full solution will be a big differentiator (or at least allows you into the game).
So, deducting from Supertex' dominant revenue drivers, this means Microchip's foray into medical and LED segments that require high-voltage process technology? I wonder what sort of presence Microchip already has in those two segments today...
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