1. NXP announced the acquisition of TTTech Auto for $625 million to strengthen its automotive software solutions. 2. TTTech Auto's expertise in safety-critical systems complements NXP's CoreRide platform. 3. The acquisition aims to accelerate the transition to software-defined vehicles and enhance NXP's position in the automotive market.
Recent #Acquisition news in the semiconductor industry
➀ Trident Techlabs, an Indian semiconductor company, is acquiring 60% of Sivaltech Group. Sivaltech specializes in semiconductor design and related technologies. The acquisition aims to strengthen Techlabs' presence in the semiconductor services market and support local design and manufacturing in India. ➁ Both companies will focus on semiconductor design services, packaging solutions, testing and verification, process optimization, and end-to-end design services. ➂ The deal is expected to broaden the customer base globally and develop a talent pool in semiconductor technology.
➀ NVIDIA has completed the acquisition of Run:ai, a company specializing in AI cluster orchestration. The acquisition brings Run:ai's team and technology into NVIDIA's fold, enhancing its capabilities in managing AI clusters. ➁ Run:ai's products will continue to be developed under the NVIDIA brand and the company plans to open-source the software in the future. ➂ The acquisition aligns with NVIDIA's strategy to control the control plane in the computing ecosystem, expanding its reach in the enterprise space.
➀ Broadcom CEO Hock Tan dismisses the possibility of acquiring Intel; ➁ The CEO emphasizes the importance of actionable deals and the absence of hostile offers; ➂ Broadcom's focus on custom datacenter processors for AI and its current investments in AI infrastructure.
➀ Sony has become the largest shareholder of Kadokawa, the parent company of FromSoftware; ➁ The alliance aims to expand global reach and maximize the value of Kadokawa's IPs; ➂ The collaboration will focus on live-action adaptations, animation co-production, anime distribution, and game publishing.
➀ Qualcomm CEO Cristiano Amon testified in court that buying Nuvia for $1.4 billion could save $1.4 billion a year in payments to Arm. Amon believed using Nuvia's cores for PC processors would save on Arm payments due to expected high revenues in the PC market. ➁ Arm claims in court that Qualcomm must destroy Nuvia's designs due to lack of consent for transferring Nuvia's licenses to Qualcomm. ➂ Amon said he initially tried to persuade Nuvia to create computing cores for Qualcomm but decided to acquire Nuvia when they refused.
➀ Huaiqin Technology has completed the acquisition of 80% shares of Yiluoda Holdings Limited for HK$2.85 billion;
➁ The acquisition aims to enhance the company's competitiveness in the smart hardware field;
➂ Yiluoda Holdings specializes in audio products and has a strong partnership with global audio brands like Apple's Beats.
➀ A star unicorn company, Yunyinggu Technology, is planning to sell its controlling interest to Huizhong Technology through an equity and cash deal.
➁ Yunyinggu, founded in 2015, specializes in OLED display driver chips and has raised 12 rounds of financing, including investments from Xiaomi, Huawei, and Jingdong.
➂ Huizhong Technology, founded in 2002, has been focusing on fingerprint and touch chips and is looking to expand into the display chip market with the acquisition.
➀ Sony has been attempting to acquire the parent company of From Software for years; ➁ Sony has received a letter of intent from Kadokawa, expressing a serious acquisition offer; ➃ Sony's interest lies in Kadokawa's anime and manga assets, as well as its gaming-related assets, including From Software.
➀ Sony is set to acquire From Software's parent company, Kadokawa; ➁ The acquisition would give Sony full control of the game studio; ➂ Sony already owns Crunchyroll and Funimation, expanding its influence in the anime and manga market.
➀ OpenAI considered acquiring Cerebras in 2017 to reduce its reliance on Nvidia; ➁ The deal was shelved due to potential conflicts of interest; ➂ Cerebras is now preparing for an IPO and has raised $715 million.
➀ MACOM has acquired ENGIN-IC, a fabless semiconductor company specializing in GaN MMICs and integrated microwave assemblies. ➁ The company, founded in 2014, has focused on serving the U.S. defense industry and has a product portfolio that includes over 60 standard MMICs and many custom MMICs. ➂ The acquisition is expected to strengthen MACOM's capabilities in its target markets.
➀ Tessolve, a venture of Hero Electronix and a leader in semiconductor engineering, has entered into a definitive agreement to acquire Dream Chip Technologies; ➁ The acquisition is valued at approximately ₹400 Crore (EUR 42.5 million); ➂ The deal is subject to regulatory approvals and aims to strengthen Tessolve's presence in the semiconductor market.
➀ Chengdu semiconductor company Yichong Technology is set to be sold to Jinfeng Mingyuan;
➁ The company has completed 15 financing rounds with more than 30 investors;
➂ Jinfeng Mingyuan aims to strengthen its position in the consumer electronics and new energy vehicle markets through the acquisition.
➀ PTC and Cadence are rumored to be interested in acquiring software company Altair Engineering.
➁ Siemens is in negotiations to potentially acquire Altair Engineering, which could be the German giant's largest merger ever.
➂ Altair Engineering is a U.S.-based company specializing in simulation, IoT, HPC, data analysis, and AI, providing software and cloud solutions.
➃ Altair's products and services are utilized in various industries for innovation and smart decision-making.
➄ Altair's financial performance has been impressive with a 27% stock increase this year and a market value of $9.1 billion.
➅ Altair's product portfolio includes design phase solutions, HyperWorks solutions, electromagnetic and electronic solutions, and data analytics and machine learning.
➆ Altair has been actively investing in the EDA field, acquiring several companies in recent years.
➇ The acquisition of Altair by EDA giants could disrupt the semiconductor and EDA markets.
➀ CG Power acquires Renesas' RF components business; ➁ The acquisition marks entry into the semiconductor design sector; ➂ The deal is valued at USD 36 million.
Nanxin Microelectronics Completes Acquisition of Magene Microelectronics: From 79.31% to 100% Equity
➀ Nanxin Microelectronics, a Shanghai-based semiconductor company listed on the Science and Technology Innovation Board, has announced plans to acquire 100% of Magene Microelectronics' equity.
➁ The acquisition, initially proposed to purchase 79.31% of Magene's shares for a total of 793 million yuan, has now reached a new milestone.
➂ Nanxin Microelectronics and its wholly-owned subsidiary, Suzhou Naxing Venture Investment Management Co., Ltd., have agreed to purchase 31.72% of Magene's shares from 28 individuals for a total of 317.18 million yuan.
➃ The acquisition is expected to enhance Nanxin Microelectronics' market competitiveness in the automotive, robotics, industrial control, and consumer electronics sectors.
➀ Renesas sold its RF component business to India's CG Power for $36 million; ➁ The acquisition is part of a larger investment in OSAT facilities in India, with a total investment of 7.6 billion rupees; ➂ The deal is expected to be completed in about six months, pending regulatory approvals.
➀ Broadcom, the 'oddball' of the tech industry, has grown from a small player to an $80 billion company through a series of strategic acquisitions; ➁ Its business includes hardware, software, and chip design, with a focus on network switches and software products for large computer control; ➂ Broadcom's semiconductor business has seen a surge in demand, especially in the AI field, with sales expected to reach $12.1 billion in 2023 and grow to $16.9 billion in 2024; ➃ Despite its near-$1 trillion market cap, Broadcom is still expected to grow significantly in the coming years, offering potential for long-term investment.
➀ Intel has rejected Arm Holdings plc's acquisition bid for its product division; ➁ Arm has been approached by other buyers, including QUALCOMM, Broadcom, and Apollo Asset Management; ➃ The global AI infrastructure spending is expected to reach up to $500 billion by 2027; ➄ Companies are investing heavily in AI infrastructure, focusing on data centers, specialized hardware, and cloud infrastructure.