Microchip Technology completes acquisition of VORAGO Technologies
Microchip Technology announced on October 9, 2026 that it has acquired VORAGO Technologies, a private maker of radiation‑hardened microcontrollers and microprocessors. The terms of the deal were not disclosed and Microchip said the transaction is not expected to be material to its consolidated financial results. The purchase adds a family of rad‑hard MCUs, MPUs and VORAGO’s HARDSIL process to Microchip’s aerospace and defense portfolio.
Why it matters
Microchip expects the acquisition to broaden its product offering for aerospace and defense customers, which could support future revenue growth in those high‑demand markets. Because the deal is not material to earnings, investors’ short‑term financial outlook for Microchip remains unchanged.
Key facts
- 1The acquisition was announced on October 9, 2026. globenewswire.com
- 2VORAGO Technologies is a privately held provider of radiation‑hardened MCUs and MPUs based in Austin, Texas. globenewswire.com
- 3Microchip said the transaction will not be material to its consolidated financial results. globenewswire.com
- 4Microchip CEO Steve Sanghi said the deal strengthens the company’s ability to serve aerospace and defense markets. globenewswire.com
- 5VORAGO CEO Bernd Lienhard said joining Microchip will allow the team to scale and serve a rapidly growing space market. globenewswire.com
- 6Microchip shares rose 0.87% to $76.18 in pre‑market trading following the announcement. rttnews.com
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.