M&A Deal Summary

Diodes Acquires ON Semiconductor - Wafer fabrication facility and Operations

On February 28, 2022, Diodes acquired semiconductors company ON Semiconductor - Wafer fabrication facility and Operations from ON Semiconductor

Acquisition Highlights
  • This is Diodes’ 9th transaction in the Semiconductors sector.
  • This is Diodes’ 5th transaction in the United States.
  • This is Diodes’ 1st transaction in Maine.

M&A Deal Summary
Date 2022-02-28
Target ON Semiconductor - Wafer fabrication facility and Operations
Sector Semiconductors
Buyer(s) Diodes
Sellers(s) ON Semiconductor
Deal Type Divestiture

Target

ON Semiconductor - Wafer fabrication facility and Operations

South Portland, Maine, United States
ON Semiconductor's Wafer fabrication facility and Operations offer Diodes 200mm wafer fab capacity for analog products to accelerate its growth initiatives in the automotive and industrial end markets. ON Semiconductor's Wafer fabrication facility and Operations is based in South Portland, Maine.

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Buyer(S) 1

Buyer

Diodes

Plano, Texas, United States

website

Category Company
Founded 1959
Sector Semiconductors
Employees8,257
Revenue 2.0B USD (2022)
DESCRIPTION

Diodes is a manufacturer and supplier of high-quality application specific standard products within the broad discrete, logic and analog semiconductor markets. Diodes was founded in 1959 and is based in Plano, Texas.

DEAL STATS #
Overall 9 of 9
Sector (Semiconductors) 9 of 9
Type (Divestiture) 2 of 2
State (Maine) 1 of 1
Country (United States) 5 of 5
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-08 Lite-On Semiconductor

Neihu, Taiwan

Lite-On Semiconductor Corp. is a designer, developer , package and test a wide series of green power related semiconductor components that are mainly applied on communications, information, consumer electronics products' switching power supply and system power supply. Lite-On Semiconductor Corp. was founded in 1990 and is based in Neihu, Taiwan.

Buy $428M

Seller(S) 1

SELLER

ON Semiconductor

Phoenix, Arizona, United States

website

Category Company
Founded 1992
Sector Semiconductors
Employees31,000
Revenue 8.3B USD (2022)
DESCRIPTION
ON Semiconductor's corporate headquarters in Phoenix, Arizona.
ON Semiconductor's corporate headquarters in Phoenix, Arizona.

ON Semiconductor is a designer, developer, manufacturer, and marketer of semiconductor components that addresses the design needs of electronic systems and products. ON Semi supplies power and data management semiconductors and standard semiconductor components worldwide. ON Semiconductor was founded in 1992 and is based in Phoenix, Arizona.

DEAL STATS #
Overall 2 of 2
Sector (Semiconductors) 1 of 1
Type (Divestiture) 2 of 2
State (Maine) 1 of 1
Country (United States) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-25 GT Advanced Technologies

Merrimack, New Hampshire, United States

GT Advanced Technologies manufactures SiC and sapphire materials for electric vehicles, high-power industrial motors, and telecom infrastructure applications. GT Advanced Technologies was founded in 1994 and is based in Merrimack, New Hampshire.

Buy $415M
Mergr

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