M&A Deal Summary

Celestica Acquires Ascent Power Technology

On October 9, 1997, Celestica acquired electronics company Ascent Power Technology

Acquisition Highlights
  • This is Celestica’s 1st transaction in the Electronics sector.
  • This is Celestica’s 1st transaction in Canada.
  • This is Celestica’s 1st transaction in Ontario.

M&A Deal Summary
Date 1997-10-09
Target Ascent Power Technology
Sector Electronics
Buyer(s) Celestica
Deal Type Add-on Acquisition

Target

Ascent Power Technology

Concord, Ontario, Canada
Ascent Power Technology, Inc. is a developer of high-volume manufacturers of quality, high-voltage custom power supply products.

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Buyer(S) 1

Buyer

Celestica

Toronto, Ontario, Canada

website

Category Company
Founded 1996
Sector Information Technology
Employees18,226
Revenue 7.3B USD (2022)
DESCRIPTION
Celestica office in Fremont, California.
Celestica office in Fremont, California.

Celestica is dedicated to delivering end-to-end product lifecycle solutions to drive our customers’ success. Through our simplified global operations network and information technology platform, we are solid partners who deliver informed, flexible solutions that enable our customers to succeed in the markets they serve. Celestica was founded in 1996 and is based in Toronto, Canada.

DEAL STATS #
Overall 1 of 22
Sector (Electronics) 1 of 11
Type (Add-on Acquisition) 1 of 16
State (Ontario) 1 of 2
Country (Canada) 1 of 3
Year (1997) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-05-21 Analytic Design

Santa Clara, California, United States

Analytic Design, Inc. is a design and new product introduction center operating in the Silicon Valley.

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