1. Allegro MicroSystems confirms receiving an unsolicited acquisition proposal from onsemi; 2. The proposal was deemed inadequate by the Allegro Board of Directors; 3. Allegro will not comment further unless necessary.
Recent #Acquisition news in the semiconductor industry
➀ Shanghai's Xinxiangwei Microelectronics Co., Ltd. plans to purchase the controlling rights of Shenzhen Aoxiesheng Technology Co., Ltd. through issuing shares and paying cash;
➁ Xinxiangwei is a leading domestic display chip supplier and has established good cooperative relations with major panel manufacturers and display module manufacturers;
➂ The acquisition is part of Xinxiangwei's strategy to expand its business through external growth, following its establishment of a new display industry acquisition fund.
➀ Analog Devices is considering the acquisition of smaller chip manufacturer Allegro Microsystems, which primarily produces sensor integrated circuits.
➁ Allegro has not yet decided to sell the entire company, and Analog Devices has been discussing the feasibility of the acquisition with advisors in recent months, with other also showing interest.
➂ Allegro is currently valued at $4.11 billion, while Analog Devices is valued at $19.83 billion.
➀ Winbond Electronics announced a public cash offer to acquire 51% of Huajing's equity for NTD 25 per share to strengthen its business layout and expand its telecommunications and information communication supply chain services.
➁ The public offer is expected to start on March 11, with a maximum acquisition of 35,681,000 shares, representing 51% of the total issued common stock of Huajing, and a minimum of 33,340,281 shares, representing 47.66%.
➂ Huajing Information provides comprehensive information integration services and is committed to meeting the diverse needs of various industries.
➀ Taiwan Semiconductor Manufacturing Company (TSMC) is considering acquiring a majority stake in Intel's factories, following a request from the Trump administration to promote US manufacturing and maintain technological leadership.
➁ The negotiation is in the early stages, and the specific structure of potential collaboration has not been determined yet.
➂ The arrangement may involve allowing major US chip design companies to invest and securing support from the US government.
➀ Micross Components, Inc. has completed the acquisition of Integra Technologies.
➁ This acquisition makes Micross the leading U.S.-based Outsourced Semiconductor Assembly and Test (OSAT) provider.
➂ The acquisition strengthens Micross's capabilities in providing high-reliability microelectronic products and services for various applications including aerospace, defense, space, medical, and industrial sectors.
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.
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 Isu Petasys has decided to withdraw from its plan to acquire carbon nanotube manufacturer JEIO; ➁ The decision was personally ordered by Kim Sang Beom, the chairman of Isu Group; ➂ With the cancellation, Isu Petasys will be giving up the 15.8 billion won deposit that has already been paid.
➀ Isu Petasys has abandoned its plan to acquire carbon nanotube manufacturer JEIO; ➁ The decision was personally ordered by Kim Sang Beom, the chairman of Isu Group; ➂ Isu Petasys will forgo the 15.8 billion won deposit that was already paid.
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.