ISSC Acquired By Microchip Technology

ISSC Technologies Corporation, a Taiwanese Bluetooth technology developer which has operations in Torrance, California, has been acquired by semiconductor and microcontroller company Microchip Technology, the two announced today. Microchip said it would pay approximately $328.5M in cash for ISSC, which has customer service and research activities in Torrance, in addition to headquarters in Taiwan and other facilities in Shenzhen, China. ISSC's low power Bluetooth and other wireless products include Bluetooth headsets, mice, keyboards, handsets, and other similar products.