total equity value of about $328.5M and a total enterprise value of about $34.2M after accounting for ISSC's cash and investments. Microchip Technology announced the completion of its tend offer to acquire the outstanding shares of ISSC on July 14, 2014. The ISSC acquisition represents the first major overseas acquisition completed by Microchip Technology and was funded with the use of a portion of Microchip Technology's foreign cash. Supertex Supertex was a mixed signal semiconductor manufacturer that focused on high voltage analog and mixed signal products for use in the following industries: medical, LED lighting, display, industrial and telecommunications. Microchip Technology announced the execution of a definitive agreement to acquire Supertex, Inc. on February 10, 2014 for $33 per share in cash. The total equity value was $394M and the total enterprise value after excluding Supertex's cash and investments was approximately $148M. The acquisition was expected to expand Microchip Technology's expertise in high voltage analog and mixed signal technologies and reach into the medical, industrial and lighting industries. Microchip Technology announced the completion of the acquisition on April 1, 2014 with 98.4% of the Supertex shares that voted approving the merger. Micrel Micrel was a global manufacturer of integrated circuits focusing on the networking and consumer markets. Microchip Technology announced the signing of a definitive agreement to acquire Micrel for $14.00 a share on May 7, 2015. The price per share represented a 3% premium over Micrel's closing stock price on May 6, 2015 and a 30% premium at the close on August 7, 2014. The total equity value was about $839M. The completion of the acquisition was announced on August 3, 2015 with 98.5% of Micrel shares that voted approving the merger. Atmel Atmel was a designer and manufacturer of semiconductors focusing on selling microcontrollers. Microchip agreed to buy Atmel for $3.56bn in January 2016. JPMorgan Chase advised Microchip while Qatalyst Partners advised Atmel. Microsemi Microsemi manufactured semiconductors and system products for markets including aerospace and defense, communications, data centers, and industrial markets. In May 2018, Microchip acquired Microsemi Corporation. The acquisition price represents a total equity value of about , and a total enterprise value of about , after accounting for Microsemi's cash and investments, net of debt, on its balance sheet at December 31, 2017. Tekron International Limited (New Zealand) In October 2020, Microchip Technology announced the acquisition of New Zealand-based Tekron International Limited. Founded in 2002,