M&A Deal Summary

Exar Acquires Integrated Memory Logic

On September 16, 2014, Exar acquired semiconductors company Integrated Memory Logic for 224M USD

Acquisition Highlights
  • This is Exar’s 6th transaction in the Semiconductors sector.
  • This is Exar’s largest (disclosed) transaction.
  • This is Exar’s 6th transaction in the United States.
  • This is Exar’s 5th transaction in California.
Investment Fate
  • Integrated Memory Logic was divested to a consortium of strategic buyers in 2016 for 136M USD.

M&A Deal Summary
Date 2014-09-16
Target Integrated Memory Logic
Sector Semiconductors
Buyer(s) Exar
Deal Type Merger
Deal Value 224M USD

Target

Integrated Memory Logic

San Jose, California, United States
website
Integrated Memory Logic (iML) is a fabless semiconductor company, which develops and markets application specific analog, power management, and mixed signal integrated circuits.

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Buyer(S) 1

Buyer

Exar

Fremont, California, United States

website

Category Company
Founded 1971
Sector Semiconductors
Employees269
Revenue 149M USD (2016)
DESCRIPTION
Entrance to Exar's corporate headquarters in Fremont, California.
Entrance to Exar's corporate headquarters in Fremont, California.

Exar Corp. is a designer, developer and marketer of high-performance integrated circuits and system solutions for the Communications, High-End Consumer, Industrial & Embedded Systems, and Networking & Storage markets. Exar's broad product portfolio includes analog, display, LED lighting, mixed-signal, power management, connectivity, data management, and video processing solutions.

DEAL STATS #
Overall 8 of 8
Sector (Semiconductors) 6 of 6
Type (Merger) 1 of 1
State (California) 5 of 5
Country (United States) 6 of 6
Year (2014) 2 of 2
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-14 Stretch

Fremont,, California, United States

Stretch is a fabless semiconductor company providing software configurable processors for compute-intensive applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-02 Integrated Memory Logic

San Jose, California, United States

Integrated Memory Logic (iML) is a fabless semiconductor company, which develops and markets application specific analog, power management, and mixed signal integrated circuits.

Sell $136M
Mergr

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Company

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