M&A Deal Summary

Cavium Acquires QLogic

On June 15, 2016, Cavium acquired semiconductors company QLogic for 1.4B USD

Acquisition Highlights
  • This is Cavium’s 4th transaction in the Semiconductors sector.
  • This is Cavium’s largest (disclosed) transaction.
  • This is Cavium’s 4th transaction in the United States.
  • This is Cavium’s 4th transaction in California.

M&A Deal Summary
Date 2016-06-15
Target QLogic
Sector Semiconductors
Buyer(s) Cavium
Deal Type Add-on Acquisition
Deal Value 1.4B USD
Advisor(s) Qatalyst Partners LP (Financial)
O'Melveny & Myers (Legal)

Target

QLogic

Aliso Viejo, California, United States
website
QLogic Corp. is a provider of high performance storage networking solutions including Fibre Channel host bus adapters (HBAs), blade server embedded Fibre Channel switches, Fibre Channel stackable switches, iSCSI HBAs, iSCSI routers and storage services platforms for enabling advanced storage management applications.

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Buyer(S) 1

Buyer

Cavium

San Jose, California, United States

website

Category Company
Founded 2000
Sector Semiconductors
Employees1,005
Revenue 603M USD (2016)
DESCRIPTION
Entrance to Cavium's corporate headquarters in San Jose, California.
Entrance to Cavium's corporate headquarters in San Jose, California.

Cavium, Inc. is a provider of highly integrated semiconductor products that enable intelligent processing in enterprise, data center, cloud and wired & wireless service provider applications. Cavium offers a broad portfolio of integrated, software compatible processors ranging in performance from 100 Mbps to over 100 Gbps that enable secure, intelligent functionality in enterprise, data-center, broadband/consumer and access & service provider equipment.

DEAL STATS #
Overall 5 of 5
Sector (Semiconductors) 4 of 4
Type (Add-on Acquisition) 5 of 5
State (California) 4 of 4
Country (United States) 4 of 4
Year (2016) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-30 Xpliant

San Jose, California, United States

Xpliant, Inc. is a provider of high performance, high density switch silicon targeting a broad range of switching applications for the data center, cloud, service provider and enterprise markets.

Buy $90M
Mergr

Product

Company

Legal