MICROCHIP TECHNOLOGY acquires VORAGO TECHNOLOGIES

CHANDLER, Ariz., Oct. 09, 2026 -- Microchip Technology Incorporated (Nasdaq: MCHP), a broadline supplier of semiconductors committed to making innovative design easier through total system solutions, today announced that it has acquired VORAGO Technologies, Inc., a privately held provider of radiation-hardened and radiation-tolerant microcontrollers (MCUs) and microprocessors (MPUs), based in Austin, Texas. Terms of the transaction were not disclosed, and the acquisition is not expected to be material to Microchip's consolidated financial results.

"From terrestrial defense systems to satellite and space-based platforms, our aerospace and defense customers are designing systems that must operate reliably in increasingly harsh and complex environments," said Steve Sanghi, Microchip's CEO and President. “The acquisition of VORAGO strengthens our ability to support development in these demanding markets and reinforces our commitment to investing in technologies that align with our long-term growth strategy.”

The acquisition adds a family of radiation-hardened MCUs and MPUs that complement Microchip's existing aerospace and defense product lines, along with VORAGO's patented HARDSIL® process technology. HARDSIL helps reduce the design time and cost of developing new rad-hard products and can enhance the radiation tolerance of existing products without a redesign. With this acquisition, Microchip is positioned to capture a larger share of the A&D and space markets, which have seen accelerating investment and demand across both defense and commercial space programs. The transaction also strengthens Microchip’s technical capabilities through the addition of a team with deep radiation-hardening expertise that can be leveraged across the company’s broader business.

VORAGO's MCUs are designed to keep working where standard electronics fail, tolerating high radiation exposure and extreme heat, which makes them well suited for mission-critical space, defense and industrial applications.

“VORAGO has always been focused on delivering the best radiation-protected semiconductor solutions that customers can depend on when failure is not an option. Joining Microchip gives us the opportunity to build on that foundation with greater scale, broader capabilities and the resources to serve a rapidly growing space market. I’m proud of what our team has built, and excited for how this acquisition can empower our customers to execute missions faster and with very high confidence,” said Bernd Lienhard, Chief Executive Officer of VORAGO Technologies.

About Microchip Technology

Microchip Technology Inc. is a broadline supplier of semiconductors committed to making innovative design easier through total system solutions that address critical challenges at the intersection of emerging technologies and durable end markets. Its easy-to-use development tools and comprehensive product portfolio supports customers throughout the design process, from concept to completion. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support and delivers solutions across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. For more information, visit the Microchip website at www.microchip.com.

About VORAGO Technologies

Founded in 2004, VORAGO Technologies designs and manufactures radiation-hardened and extreme-temperature (up to 200°C) microcontrollers primarily for the space and industrial markets, and licenses its patented HARDSIL technology. The company is headquartered in Austin, Texas.

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