Renesas Electronics Corporation (TSE:6723, “Renesas”), a premier supplier of advanced semiconductor solutions, today announced that it has entered into a definitive agreement to acquire Steradian Semiconductors Private Limited (“Steradian”), a fabless semiconductor company based in Bengaluru, India, that provides 4D imaging radar solutions, in an all-cash transaction. The acquisition is expected to close by the end of 2022, subject to customary closing conditions. The acquisition of Steradian’s radar technology will enable Renesas to extend its...