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Home > News > Industry News > Littelfuse buys Ixys for $750m

Littelfuse buys Ixys for $750m

  • Author:Ella Cai
  • Release on:2017-08-29
Littelfuse, the Chicago circuit protection component specialist, has bought Californian power semiconductor company Ixys for $750 million.

Littelfuse says it can make more than $30 million of annualised savings in the next two years.

Earlier this year Littelfuse bought a controlling stake in Monolithic Semiconductor.

Ixys is the company which bought Zilog.

Littelfuse sees the Ixys deal as a way of expanding its presence in the automotive market.