Microchip Named to "50 Best Companies to Sell For" List by Selling Power Magazine for Third Consecutive Year

CHANDLER, Ariz., Aug. 26, 2015 /PRNewswire/ -- Microchip Technology Inc. (NASDAQ: MCHP), a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, today announced that it was selected for the 2015 "Selling Power 50 Best Companies to Sell For" list, for the third straight year. The corporate research team at Selling Power magazine identified and ranked the best companies to sell for, among the top sales forces in the United States. Microchip ranked 11^th, moving up six places from 2014, and is still the only semiconductor company on the list.

Selling Power chose companies based on customer growth and retention; hiring, compensation, training and enablement; and company recognition and reputation. The list includes companies of all sizes, with sales forces ranging from fewer than 100 to those in the thousands.

"I want to congratulate our entire sales and applications team, and all of our divisions, who work closely together on our efforts to support Microchip's more than 90,000 customers around the world," said Steve Sanghi, Microchip president and CEO. "This is a wonderful achievement and testament to the great teamwork and culture in the only non-commissioned sales force in the semiconductor industry. You have earned this prestigious honor, which speaks to the strong values we have built together at Microchip."

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About Selling Power
In addition to Selling Power magazine, the leading periodical for sales managers and sales VPs since 1981, Selling Power Inc. produces the Sales Management Digest and Daily Boost of Positivity online newsletters, as well as a five-minute video series featuring interviews with top executives. Selling Power is a regular media sponsor of the Sales 2.0 Conference.

About Microchip Technology
Microchip Technology Inc. (NASDAQ:  MCHP) is a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, providing low-risk product development, lower total system cost and faster time to market for thousands of diverse customer applications worldwide.  Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at http://www.microchip.com/Homepage-082615a.

Note: The Microchip name and logo is a registered trademark of Microchip Technology Incorporated in the U.S.A., and other countries. All other trademarks mentioned herein are the property of their respective companies.

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SOURCE Microchip Technology Inc.