M&A Deal Summary

Hittite Microwave Acquires Arctic Silicon Devices AS

On January 19, 2011, Hittite Microwave acquired semiconductors company Arctic Silicon Devices AS for 12M USD

Acquisition Highlights
  • This is Hittite Microwave’s 1st transaction in the Semiconductors sector.
  • This is Hittite Microwave’s largest (disclosed) transaction.
  • This is Hittite Microwave’s 1st transaction in Norway.

M&A Deal Summary

Date 2011-01-19
Target Arctic Silicon Devices AS
Sector Semiconductors
Buyer(s) Hittite Microwave
Deal Type Add-on Acquisition
Deal Value 12M USD

Target

Arctic Silicon Devices AS

Tiller, Norway
Arctic Silicon Devices is a private fabless semiconductor company based in Trondheim, Norway previously owned by the employees, Incitia Ventures and ProVenture. Arctic Silicon Devices aims to be a preferred partner for leading companies within high performance applications providing state-of-the-art Front End ICs like Data Converter Standard Products or Application Specific Standard Products based on data converter cores. The ASD products include ultra low power dissipation, ease of use, and cost efficiency, while maintaining state-of-the-art performance.

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Buyer(S) 1

Buyer

Hittite Microwave

Chelmsford, Massachusetts, United States

website


Category Company
Sector Semiconductors
DESCRIPTION

Hittite Microwave Corp. is a designer, developer, and manufacturer of high-performance integrated circuits for wireless and wireline communications systems.


DEAL STATS #
Overall 1 of 2
Sector (Semiconductors) 1 of 1
Type (Add-on Acquisition) 1 of 2
Country (Norway) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-01 Keragis

Poway, California, United States

Keragis Corporation is a provider of extremely high power, wideband amplifier modules.

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