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Acquisition & Merger

Synopsys Acquires In-chip Monitoring Solutions Company Moortec

The Moortec sensors, as per Synopsys, provide a key component to Synopsys' new Silicon Lifecycle Management (SLM) platform Synopsys today announced that it has acquired Moortec. The latter is a provider of in-chip monitoring technology specializing in process, voltage and...

Electronics Manufacturer Syrma Tech to Merge With SGS Tekniks: Report

The merger of Syrma Tech and SGS Tekniks will lead to creation of a Rs 1200 crore entity Syrma Technology has announced that it is merging with SGS Tekniks in a cash and stock deal. The former is a electronics...

Intel to Acquire SigOpt to Scale AI Productivity and Performance

SigOpt's customer base includes Fortune 500 companies across industries, as well as research institutions, universities and consortiums Intel announced it will acquire SigOpt, a San Francisco-based provider of a leading platform for the optimization of artificial intelligence (AI) software models...

29 Million Euros: STL to Acquire Optical Interconnect Company Optotec S.p.A

STL noted that the acquisition will strengthen its European market footprint and help expand its optical portfolio STL has announced the signing of definitive agreements to acquire Optotec S.p.A, an optical interconnect products company based in Italy. The latter provides...

IP Solutions: Sony Acquires Norway-Headquartered Nevion

Sony has had a strategic partnership with Nevion since 2019 Sony Imaging Products & Solutions Inc. (Sony) is acquiring Nevion AS ("Nevion"), a provider of virtualized media production solutions, to further enhance its portfolio, providing end-to-end IP and cloud-based production...

Aegis Software and Enlight Technology Form Reseller Partnership in Taiwan

Enlight Technology has Signed a Distribution Agreement with Aegis The agreement aims to sell the FactoryLogix manufacturing Operations Software Solution in Taiwan Aegis Software has announced partnership with Enlight Technology Co., Ltd. to resell FactoryLogix software in Taiwan, extending...

$300 Million Deal: Cree to Sell LED Business to SMART Global Holdings

Cree expects receive an initial cash payment of $50 million upon closing and $125 million to be paid upon maturity of a seller note issued by SMART to Cree due August 2023 Cree announced that the company has entered into...

$9 Billion Deal: SK Hynix to Acquire Intel NAND Memory Business

As per the agreement, Intel will continue to manufacture NAND wafers at the Dalian Memory Manufacturing Facility and retain all IP related to the manufacture and design of NAND flash wafers until the final closing SK hynix and Intel announced...

STMicroelectronics Acquires France-Headquartered SOMOS Semiconductor

Somos Semiconductor is a fabless semiconductor company. It was founded in 2018. STMicroelectronics has acquired two fabless semiconductor companies in last four months STMicroelectronics has announced the acquisition and integration of the assets of SOMOS Semiconductor (SOMOS). SOMOS, based in...

Tesla To Acquire German Battery Assembly Maker ATW Automation: Report

ATW, a subsidiary of Canadian ATS Automation Tooling Systems was on the brink of liquidation due to a fall in orders as per media reports in September Tesla plans to ramp up battery production significantly in the coming...

Ericsson Acquires Cradlepoint For an Enterprise Value of USD 1.1 Billion

Cradlepoint provides wireless WAN solutions that deliver enterprise-grade connectivity. Cradlepoint’s subscription model combines cloud-delivered software with hardware endpoints, support and training Ericsson has agreed to acquire Cradlepoint, the US-based market leader in Wireless Edge WAN 4G and 5G Enterprise solutions....

Napino Takes Equity Stake in Startup Named Virtual Forest

Napino will also be the manufacturing partner for the intelligent controllers for the household appliance industry designed by Virtual Forest Virtual Forest, a start-up that focuses on creating green technology to address global environmental challenges has completed it’s first round...

MagnaChip Completes Sale of Foundry Services Group and Fab 4

MagnaChip intends to use approximately $227.4 million of the net proceeds to fully redeem all of its outstanding 6.625 per cent Senior Notes due 2021 MagnaChip Semiconductor Corporation (MagnaChip) informed that certain of its wholly owned subsidiaries have completed the...

Device Engineering: Infosys to Acquire Kaleidoscope Innovation

Kaleidoscope Innovation is a product design and development firm. Infosys is aiming to strengthen its presence in medical devices, consumer and industrial markets Infosys has announced a definitive agreement to acquire Kaleidoscope Innovation. The latter is a product design, development...

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