Intersil becomes the latest chipmaker to get acquired by agreeing to a $3.2 billion offer from Japan's Renesas.
The analog/mixed-signal chip market remains quite fragmented. Larger players still have plenty of incentive to snap up smaller peers.
Investors will need to be more patient until the chipmaker's $14.8-billion acquisition of rival Linear Technology is completed.
Trade-Ideas LLC identified Semtech (SMTC) as a strong and under the radar candidate