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Business-News 2022
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  • August 3rd, 2022
  • Semtech Corporation, a supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms, and Sierra Wireless, Inc., an Internet of Things (IoT) solutions provider, announced on August 2nd, 2022, a definitive agreement under which Semtech will acquire all outstanding shares of Sierra Wireless for US$31 per share in an all-cash transaction representing a total enterprise value of approximately US$1.2 billion, subject to customary closing conditions. The acquisition will significantly expand Semtech's addressable market and is expected to approximately double Semtech's annual revenue and create a strong and diverse portfolio of connectivity solutions for the growing IoT market, making it easier for customers to find innovative end to end solutions for any segment. The deal is also expected to be immediately accretive to Semtech's non-GAAP EPS before synergies and generate US$40 million of run-rate operational synergies within 12-18 months post-transaction close.
  • July 8th, 2022
  • Nordic Semiconductor today announces that it has entered into an agreement to acquire Mobile Semiconductor, a privately-held U.S. company specializing in highly optimized embedded memory technology for microcontrollers (MCUs) and Systems-on-Chip (SoCs).
    The acquisition is expected to close during Q3 2022 pending U.S. government approval.
    The financial terms of the deal were not disclosed.
  • May 9th, 2022
  • Marvell Technology Group Ltd. today announced a definitive agreement to acquire privately-held Tanzanite Silicon Solutions, Inc., in an all-cash transaction.
    The transaction is expected to close in the second quarter of the current fiscal year and is subject to the satisfaction of customary closing conditions, including approval by Tanzanite's shareholders.
    The financial terms of the deal were not disclosed.
  • May 6th, 2022
  • MaxLinear, Inc. and Silicon Motion Technology Corp. announced on May 5th that they have entered into a definitive agreement under which MaxLinear will acquire Silicon Motion in a cash and stock transaction that values the combined company at $8 billion in enterprise value. In the merger, each American Depositary Share (ADS) of Silicon Motion, which represents four ordinary shares of Silicon Motion, will receive $93.54 in cash and 0.388 shares of MaxLinear common stock, for total per ADS consideration of $114.34 (based on MaxLinear's May 4th, 2022 closing price).
  • April 9th, 2022
  • Sun Capital Partners is selling C&K Switches to Littelfuse, Inc. in a deal valued at $540m/
    Subject to closing conditions and regulatory approvals, the transaction is expected to close during the second calendar quarter 2022.
  • April 4th, 2022
  • Yanmar Holdings Co., Ltd. today officially announced it has acquired a majority share in ELEO Technologies B.V.
    After joining the Yanmar Group as part of Yanmar Power Technology Co., Ltd., ELEO will continue to operate as a stand-alone entity under its own brand at its current location in Helmond, the Netherlands.
    The financial terms of the deal were not disclosed.
  • February 7th, 2022
  • NVIDIA and SoftBank Group Corp. (SBG) today announced the termination of the previously announced transaction whereby NVIDIA would acquire Arm Limited from SBG. The parties agreed to terminate the Agreement because of significant regulatory challenges preventing the consummation of the transaction, despite good faith efforts by the parties. Arm will now start preparations for a public offering.
  • January 10th, 2022
  • TT Electronics plc today announces it has acquired the Ferranti Power and Control business (Ferranti P&C) from Elbit Systems for £9 million.
    Ferranti P&C is a UK based manufacturer of power electronics and power systems for the aerospace and defence markets located in the greater Manchester area.
  • January 3rd, 2022
  • On December 31st, 2021, Reliance New Energy Solar Ltd (“RNESL”), a wholly owned subsidiary of Reliance Industries Ltd., announced that it has signed definitive agreements to acquire 100% shareholding in Faradion Limited (“Faradion”) for an enterprise value of GBP 100 Mn. In addition, RNESL will also invest GBP 25 Mn as growth capital to accelerate commercial roll out.
    Based out of Sheffield and Oxford in UK and with its patented sodium-ion battery technology, Faradion is one of the leading global battery technology companies.
  • Archived News Pages:
    Business News 2021
    Business News 2020
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    Business News 2010
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    Sorry, because of a major crash we lost the News Files from July 21 2005 until February 1 2007. We couldn't recover the datafiles.

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