CG Power completes acquisition of Renesas Electronics America Inc.'s RF components business.
From Google: 2025-03-11 23:39:00
CG Power announced the completion of the acquisition of the Radio Frequency (RF) components business of Renesas Electronics America Inc. The deal is valued at $33 million. CG Power stated that this acquisition will help the company enhance its product offerings and strengthen its position in the RF components market. The RF components business of Renesas Electronics America Inc. generates annual revenue of approximately $115 million. This acquisition is expected to boost CG Power’s revenue and market presence in the RF components sector.
Read more at Google: CG Power update on acquisition of RF components biz of Renesas Electronics America Inc. – Business Standard