M&A Deal Summary

II-VI Acquires Anadigics

On February 29, 2016, II-VI acquired semiconductors company Anadigics for 78M USD

Acquisition Highlights
  • This is II-VI’s 4th transaction in the Semiconductors sector.
  • This is II-VI’s 3rd largest (disclosed) transaction.
  • This is II-VI’s 5th transaction in the United States.
  • This is II-VI’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2016-02-29
Target Anadigics
Sector Semiconductors
Buyer(s) II-VI
Deal Type Add-on Acquisition
Deal Value 78M USD

Target

Anadigics

Warren, New Jersey, United States
website
Anadigics, Inc. is a designer and manufacturer of innovative radio frequency (RF) solutions for the growing CATV infrastructure, small-cell, WiFi, and cellular markets.

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Buyer(S) 1

Buyer

II-VI

Saxonburg, Pennsylvania, United States

website

Category Company
Founded 1971
Sector Test/Measurement Equipment
Employees23,658
Revenue 3.3B USD (2022)
DESCRIPTION

Coherent engages in engineered materials and opto-electronic components is a vertically integrated manufacturing company that develops innovative products for diversified applications in the industrial, optical communications, military, life sciences, semiconductor equipment, and consumer markets. Coherent was founded in 1971 and is based in Saxonburg, Pennsylvania.

DEAL STATS #
Overall 8 of 13
Sector (Semiconductors) 4 of 5
Type (Add-on Acquisition) 6 of 11
State (New Jersey) 1 of 2
Country (United States) 5 of 8
Year (2016) 2 of 3
Size (of disclosed) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-01 EpiWorks

Champaign, Illinois, United States

EpiWorks, Inc. is a provider of epitaxial wafers for electronic and photonic device applications. Epitaxial devices consist of nanolayers of semiconductor crystals that are uniformly deposited in sophisticated deposition tools to form an “epi-wafer.”

Buy $43M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-12 DirectPhotonics Industries

Berlin, Germany

DirectPhotonics Industries GmbH is a developer of kilowatt direct diode laser systems for use in micro and macro-material processing applications. DirectPhotonics Industries GmbH was established in 2011 and is headquartered in Berlin, Germany.

Buy -
Mergr

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