Microchip Technology acquires VORAGO Technologies

Microchip Technology Incorporated, a semiconductor supplier based in Chandler, Arizona, has announced the acquisition of VORAGO Technologies, Inc., a privately held company specializing in radiation-hardened and radiation-tolerant microcontrollers and microprocessors. The acquisition took place in Austin, Texas. The financial details of the transaction were not disclosed. Microchip's press release stated that the acquisition is not anticipated to significantly impact the company's consolidated financial results.

VORAGO Technologies manufactures microcontrollers and microprocessors specifically designed for aerospace, defense, and space applications. These products are built to withstand extreme radiation exposure and temperatures up to 200°C. VORAGO was established in 2004 and holds patents for its HARDSIL process technology, which enables reduced design time and cost for radiation-hardened products.

The acquisition is expected to enhance Microchip's capabilities in meeting the demands of the aerospace and defense markets, reinforcing the company's commitment to investing in technologies that align with its long-term growth strategy. Steve Sanghi, Microchip's CEO and President, stated that the acquisition adds VORAGO's line of radiation-hardened microcontrollers and microprocessors to Microchip's existing portfolio in aerospace and defense.

The acquisition also brings technical expertise in radiation-hardening to Microchip's broader operations.

Bernd Lienhard, Chief Executive Officer of VORAGO Technologies, expressed that the acquisition provides the company with greater scale and resources to serve the space market. Microchip Technology serves various industries, including industrial, automotive, consumer, aerospace, defense, communications, and computing markets.