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ISIL - Intersil Corporation

Intersil Corporation logo Intersil Corporation (ISIL) is a semiconductor manufacturer that specializes in power management and precision analog devices. The company's products are used in a variety of applications, including mobile devices, automotive, aerospace, industrial, and computing.

Headquartered in Milpitas, California, Intersil was founded in 1967 and became a public company in 2000. The company has a global presence, with operations in North America, Europe, and Asia.

In 2017, Intersil was acquired by Renesas Electronics Corporation, a Japanese semiconductor manufacturer, for $3.2 billion. The acquisition was part of Renesas' strategy to expand its presence in the automotive, industrial, and IoT markets.

Prior to the acquisition, Intersil had been undergoing a period of restructuring, including divesting non-core businesses and focusing on high-growth markets. The company had also been investing in research and development to develop new products and technologies.

Intersil's financial performance had been mixed in the years leading up to the acquisition. In 2016, the company reported a net loss of $72.7 million on revenue of $579.7 million. However, in the first quarter of 2017, the company reported revenue of $129.5 million, an increase of 20% from the same period in the previous year.

Overall, Intersil has a strong reputation in the semiconductor industry, particularly in the areas of power management and precision analog devices. The acquisition by Renesas is expected to help the company expand its product offerings and increase its gl




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