As we head into December, is that the end of ‘merger mania’ for 2015? Who knows? But rumours continue to swirl, as they say.
Apart from continuing rumours about Chinese investors eyeing up any semiconductor company that moves, one interesting suggestion relates to Renesas.
Not long ago, Renesas was a ‘basket case’. It was not only wrestling with the consequences of the merger between the old Renesas and NEC, but also the fall out from the Japanese tsunami and depressed demand for its products. It’s taken some time, but Renesas is now back in the black, thanks to some serious interventions by a range of investors and some divestments.
If rumours are to be believed, Renesas is not only being eyed up by the Chinese (see above), but also by Infineon, which is said to see Renesas’ portfolio as complementary.
Should someone make a pitch for Renesas before the end of the year, it’s more than likely the ‘merger mania’ bill will top the $100bn mark.