Intersil to Start Operations as Renesas Electronics America in January 2018
Renesas Electronics Corporation (TSE:6723, "Renesas"), a premier supplier of advanced semiconductor solutions, today announced the integration of Intersil Corporation as a legal entity and a new branding policy following the acquisition of Intersil on February 24, 2017. Effective January 1, 2018, Intersil Corporation is expected to operate in the market under the name of Renesas Electronics America Inc. The completion of Renesas' U.S. entity integration marks a major milestone in the integration process, which remains well on track. As well, the integration process in Japan and Korea is expected to be completed on or about January 1, 2018. The remaining Intersil entities are expected to be integrated in the near future.
The rollout of the Renesas brand will start in all locations worldwide in 2018. Following the entity integration, all branches and offices in the U.S. will be rebranded with the Renesas logo. The rebranding of other locations will follow regional timelines. With regards to the product brand, all Intersil products will be rebranded as Renesas products from January 2018 onwards with a few exceptions: (1) products that are currently under mass production or under development (Note); and (2) products for the military and aerospace segments.
(Note) New products, excluding military and aerospace products, will be rebranded as Renesas products. These new products do not include products of a simple derivative or a minor revision of an existing product. In parallel, Renesas will continue to integrate the regional subsidiaries, and from January 2018 onwards, all remaining Intersil subsidiaries will, in principle, start to adopt company names starting with "Renesas" with the aim of accelerating the organic growth of the corporate group as "One Global Renesas."
About Renesas Electronics Corporation
Renesas Electronics Corporation (TSE: 6723) delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live securely and safely. A global leader in microcontrollers, analog & power and SoC products, Renesas provides the expertise, quality, and comprehensive solutions for a broad range of Automotive, Industrial, Home Electronics, Office Automation and Information Communication Technology applications to help shape a limitless future. Learn more at renesas.com.