IDT’s Chief Technology Officer Dr. Sailesh Chittipeddi has joined Renesas’ executive team as Executive Vice President. He will lead IDT as President and CEO.
Renesas has completed the acquisition of Integrated Device Technology (IDT), which has now become a wholly owned subsidiary of Renesas.
Together with IDT, Renesas says it will now deliver an even broader range of Industrial IoT and Infrastructure solutions by combining IDT’s industry-leading RF, high-performance timing, memory interface, real-time interconnect, optical interconnect, wireless power and sensor solutions with Renesas microcontrollers, system-on-chips and power management ICs.
All parts are now available for immediate shipment from Digi-Key Electronics, the global electronic components distributor.
To immediately showcase how the complementary Renesas and IDT product portfolios work together to deliver comprehensive solutions, the companies developed “Winning Combinations,” compelling Renesas-plus-IDT product combinations that capture and highlight the technological advantages provided by the newly combined company.
The Renesas and IDT Winning Combinations include IDT automotive timing plus Renesas R-Car processor solutions for automotive infotainment applications, an IDT gas sensor plus Renesas MCU for IoT building automation air quality control and other Winning Combinations for base station, wireline and server applications.
Dr. Sailesh Chittipeddi to lead IDT
IDT’s Chief Technology Officer Dr. Sailesh Chittipeddi has joined Renesas’ executive team as Executive Vice President. He will lead IDT as President and CEO.
As previously announced, Renesas anticipates near- and long-term revenue growth from expanded opportunities, access to fast-growing industries as well as cost savings from a larger business platform.
Confirming the continued and extensive support of Renesas Electronics and IDT’s broad product portfolios, David Stein, VP, Global Supplier Management at Digi-Key, said, “We believe Renesas and IDT becoming one stronger company through this merger and acquisition will allow for an even quicker and more efficient release of new products and technologies into the marketplace.”
