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ZL meaning in Business ? |
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Answer» What is Zarlink Semiconductor, Inc. mean? Microsemi Corporation was an Aliso Viejo, California-based provider of semiconductor and system solutions for aerospace & defense, communications, data center and industrial markets. In February 2018, it was announced that Chandler, Arizona-based Microchip Technology was acquiring the company for over US$10 billion, pending regulatory approval. In May 2018, it was announced that Microchip had completed its acquisition of Microsemi. In August 2018, Microchip discovered that Microsemi shipped large orders to distributors on discount before the closing of the acquisition and had a culture of excessive extravagance, casting some doubt on the future prospect of the acquisition. reference
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