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March 22nd, 2023 - Renesas Electronics Corporation today announced its wholly owned subsidiary has entered into a definitive agreement with the shareholders of Panthronics AG under which Renesas will acquire Panthronics in an all-cash transaction. The acquisition has been unanimously approved by the board of directors of Renesas and is expected to close by the end of the calendar year 2023, subject to required regulatory approval and customary closing conditions.
The financial terms of the deal were not disclosed.
March 9th, 2023 - Radisys Corporation, a wholly owned subsidiary of Jio Platforms Limited, announced the acquisition of Mimosa Networks, from Airspan Networks for US$ 60 million on a debt-free, cash-free basis.
March 6th, 2023 - CAES, also known as Cobham Advanced Electronic Solutions, announced today that Herley has joined CAES.
CAES purchased Herley from Ultra Electronics, which is now part of Cobham following its acquisition in 2022.
The financial terms of the deal were not disclosed.
March 6th, 2023 - ReliaSat Limited, an employee-owned wholly UK enterprise has agreed the acquisition of Arralis Technologies.
As part of the acquisition, ReliaSat has purchased all of Arralis Technologies’ European intellectual property and manufacturing facilities, with the business also rebranding to ReliaSat.
ReliaSat was founded by former Arralis Technologies CEO Mike Gleaves.
The financial terms of the deal were not disclosed.
March 2nd, 2023 - Infineon Technologies AG and GaN Systems Inc. today announced that the companies have signed a definitive agreement under which Infineon will acquire GaN Systems for US$830 million.
GaN Systems Inc. is headquartered in Ottawa, Canada, and has more than 200 employees.
January 19th, 2023 - Bulgin Ltd, a UK-based developer and manufacturer of connectors and related components for harsh-environment applications, announced today that it has been acquired by Infinite Electronics, Inc. Bulgin was previously owned by Equistone Partners Europe, a private equity firm.
The financial terms of the deal were not disclosed.
January 10th, 2023 - Micross Components, a provider of high-reliability microelectronic product and service solutions for aerospace, defense, space, medical, energy, industrial and other applications, today announced signing a definitive agreement to purchase the High-Reliability DC-DC converter business of Infineon Technologies AG.
The financial terms of the deal were not disclosed.
January 4th, 2023 - Micross Components, a provider of high-reliability microelectronic product and service solutions for aerospace, defense, space, medical, energy, industrial and other applications, today announced the acquisition of KCB Solutions, an provider of RF and microwave products.
The financial terms of the deal were not disclosed.
January 4th, 2023 - Akoustis Technologies, Inc., an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today that it has acquired Grinding and Dicing Services, Inc. (GDSI), a US-based provider of premium back-end semiconductor supply chain services.
Akoustis is paying $14 million in cash and $2 million in stock for GDSI, with an additional $4 million in the form of a secured promissory note payable over 3 years based on key employee retention and agreed upon performance, for a total of $20 million.
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