Notably, however, the Renesas management team has a poor record in M&A execution. Originally founded by three Japanese electronics companies chip divisions, Renesas has been faulted for dithering too long to integrate its acquisitions. click here to find out moreWhen it comes to merging with a foreign entity, Renesas only experience in the past was with Nokias modem team. That merger became Renesas Mobile, but it eventually had to fold. At a time when Apple and Samsung, both with internally developed app processors, have been dominant forces in the global smartphone market, Renesas Mobile couldnt find a design socket. Asked how confident Renesas is about integrating Intersil, Kure noted that blending businesses after a merger is the expertise I hope to bring to the table. Although he has no semiconductor expertise, Kure claimed his extensive M&A experience with foreign entities while at General Electric, Nidec (a leading Japanese manufacturer of electric motors) and the Industrial Bank of Japan. Little overlap Both Renesas and Intersil stressed that the two companies have very little overlap in their product portfolios and geographical markets. The areas where our products overlap are so small that I want to say virtually none, said Kure. Renesas hopes to combine its own MCU and SoC products with Intersils power management and precision analog capability, so that the merged company can offer more complete solutions for embedded systems in diverse markets ranging from automotive to industrial and the Internet of Things. For the 300 million MCU units Renesas is selling each year, there is a big opportunity to add our power management capabilities around them, explained Sayiner.
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But obviously it isnt. While weighing in on the Kaepernick situation, Lil Wayne says he himself has never experienced racism. pic.twitter.com/ijMunfb9ms The Mixtape Lab (@themixtapelab) September 14, 2016 Just like me (and probably you too), Twitter was a little taken aback by the rappers comments. Lil Wayne saying there’s no such thing as racism means he put himself back on that retirement list in my mind SoulOne (@SoulOne) September 14, 2016 We obviously dont know what Weezy has or hasnt experienced in his lifetime, but to suggest that racism simply doesnt exist because of your fan base is ridiculous, not to mention, dangerous. White race deniers are eating this up right now. A black rapper denying racism is all the proof a white racist needs. And for the record, Lil Wayne is not retiring . He explains the tweet that sparked the rumor was posted after an argument regarding his ongoing feud with Cash Money Records CEO Birdman. This was a tweet after an argument. I have a family.
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