Recent #Merger news in the semiconductor industry

about 2 months ago

➀ GlobalFoundries has been in contact with UMC regarding a potential merger, exploring a partnership two years ago but without progress.

➁ The proposed merger aims to create a larger wafer fabrication company, ensuring the supply of mature process chips in the US and investing in R&D.

➂ UMC and GlobalFoundries rank fourth and fifth in the wafer fabrication market with 5.5% and 4.7% shares respectively in Q4 2024.

➃ The combined revenue would reach $3.7 billion, potentially surpassing Samsung to become the second-largest wafer foundry after TSMC.

➄ Both companies have complementary process technologies and a production footprint across three continents.

➅ The merger faces challenges such as antitrust reviews by regulatory departments and handling agreements with Intel.

➆ UMC responded to the rumors by stating that there are no ongoing merger cases.

GlobalfoundriesMergerUMCsemiconductor industry
3 months ago

➀ Honda and Nissan terminated their merger discussions due to significant differences in expectations for the combined company;

➁ The proposed holding company would have been named Honda Corporation without any reference to Nissan;

➂ Honda expected Nissan to lay off 40,000 of its 130,000 employees;

➃ The valuation ratio of the two companies was 5:1;

➄ Honda would appoint the president of the holding company and the majority of its internal and external directors;

➅ Nissan would become a subsidiary of Honda;

➆ Nissan could not persuade Honda of the feasibility of its turnaround plan.

Corporate StrategyHondaMergerbusiness
7 months ago

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.

AcquisitionAltair EngineeringEDAMergersemiconductor
9 months ago
1. Blue Owl Capital's shares have declined due to economic concerns, but the company maintained strong dividend coverage and improved asset quality in Q2'24. 2. The BDC is merging with Blue Owl Capital Corporation III to enhance scale, diversification, and cost structure. 3. With a 12% yield supported by net investment income and trading below net asset value, the stock is considered attractive for income investors.
Asset QualityDividend YieldMerger
10 months ago
1. Blue Owl Capital Corp III reported a good Q2 performance and announced a merger with its sister company, which is expected to benefit OBDE in terms of valuation uplift and higher net investment income. 2. The merger could also eliminate the last lock-up expiry, potentially supporting the stock price. 3. Portfolio quality remains strong with low non-accruals, and the merger is expected to save around $5m in expenses, boosting net investment income by roughly 2%.
DividendsFinancialsMerger