India, Jan. 15 -- Integrated Device Technology, Inc. or IDT (IDTI), a supplier of high-performance system-level analog/mixed-signal semiconductors, announced late Tuesday that its stockholders voted to adopt the Agreement and Plan of Merger between IDT and Renesas Electronics Corp., a Japanese supplier of advanced semiconductor solutions.
The voting was conducted at the company's special meeting of stockholders held on January 15.
Approximately 99% of all votes cast voted in favor of the adoption of the merger agreement, representing approximately 82% of all outstanding shares as of November 23, 2018, the record date for the special meeting.
Closing of the transaction remains subject to customary closing conditions and remaining regulato...