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.
Recent #Acquisition news in the semiconductor industry
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.
➀ KKR & Co., a well-known American alternative asset management company, is considering making an acquisition offer for ASMPT Ltd., a Hong Kong-listed semiconductor and electronic equipment manufacturer with a market value of about $5 billion. ASMPT is known for its leading position in the semiconductor manufacturing equipment field. ➁ ASMPT's stock price surged 11.4% after the news of KKR's potential acquisition, reflecting the market's optimism about ASMPT's future development. ➂ ASMPT is a global leading technology and equipment supplier with products widely used in various products such as smartphones, cars, and chips. It has nearly 11,000 employees and operates in more than 30 countries.
➀ JCET has officially entered the storage industry by acquiring Shengdie Semiconductor; ➁ The acquisition will expand JCET' market share in the storage and computing electronics fields; ➂ Shengdie Semiconductor specializes in advanced flash memory storage product packaging and testing, with products used in various industries; ➃ JCET is one of the world's top three packaging and testing companies with a range of packaging technologies.
1. Intel's shares may surge due to Qualcomm's interest in a potential acquisition; 2. Intel's low valuation and strategic fit with Qualcomm's product portfolio make it an attractive target; 3. A merger would be transformative for Intel, but regulatory hurdles and the risk of no deal remain significant concerns.
➀ Corsair has finalized the acquisition of racing simulation company Fanatec; ➁ Fanatec's products, including force-feedback steering wheels, pedals, and shifters, will now be under Corsair's ownership; ➂ Corsair plans to invest significantly in the Fanatec brand and its products.
➀ Saber Interactive's plan to acquire 4A Games and Zen Studios from Embracer Group has been cancelled; ➁ Saber CEO Matt Karch confirmed the change in intention; ➂ Embracer Group has received $168.4 million for the early sale of Saber Interactive and more payments are expected.
1. Verizon Communications' acquisition of Frontier Communications Parent aims to expand its fiber network and generate significant synergies; 2. Frontier Communications has seen growth in fiber broadband customers and ARPU, despite challenges with declining revenues and profits; 3. The success of the acquisition depends on Verizon's ability to capture synergies, reduce interest expenses, and leverage cross-selling opportunities.
1. Shift4 Payments reported revenue of $827M in Q2 2024, a 30% year-over-year growth; 2. The company continues to grow organically through international expansion and partnerships; 3. The stock is trading at a low EV/EBITDA and FCF multiple, indicating a good value.
➀ Nvidia has accelerated its acquisition strategy, buying one AI and data center-related company per month over the past four months. ➁ Key acquisitions include Run:ai, Deci, Shoreline, and Brev.dev, enhancing Nvidia's technical capabilities in these areas. ➂ Nvidia's acquisitions are part of a broader trend over the past five years, with 13 successful acquisitions since the 69 billion dollar Mellanox deal. ➃ The company focuses on end-to-end solutions, acquiring firms in communication network technology, object storage software, and data center management software to enhance its B2B offerings. ➄ Nvidia aims to become a platform-type enterprise by expanding into model miniaturization, deep learning development platforms, metaverse, and autonomous driving through acquisitions.
➀ Google acquires Character.AI's founder and core team in a non-traditional 'acqui-hire' deal, valuing the company at $2.5 billion. ➁ Character.AI struggled with funding and failed to secure new investments, leading to its acquisition by Google. ➂ The founders, who once left Google due to bureaucratic issues, return to the company, highlighting the cyclical nature of the tech industry.
➀ AMD is set to acquire ZT Systems, a server manufacturer, for $4.9 billion. ➁ The acquisition aims to streamline AMD's process of developing, testing, and selling GPUs for AI systems. ➂ AMD plans to spin off its server manufacturing business and retain about 1,000 of ZT's 2,500 employees.
➀ AMD announces a $490 million acquisition of ZT Systems, a leading AI infrastructure provider. ➁ The deal includes 75% cash and 25% stock payment. ➂ ZT Systems, with annual revenue of about $10 billion, will complement AMD's AI capabilities. ➃ AMD plans to retain about 1000 engineers from ZT Systems. ➄ The acquisition is expected to close in the first half of 2025, subject to regulatory approvals.