Add-on Acquisition • Semiconductors

Integrated Device Technology Acquires GigPeak

On February 13, 2017, Integrated Device Technology acquired semiconductors company GigPeak for 250M USD

Acquisition Context
  • This is Integrated Device Technology’s 13th transaction in the Semiconductors sector.
  • This is Integrated Device Technology’s 3rd largest (disclosed) transaction.
  • This is Integrated Device Technology’s 13th transaction in the United States.
  • This is Integrated Device Technology’s 8th transaction in California.

Explore All 931 Add-on Acquisition Semiconductors Deals - Search the Database Free


M&A Deal Summary

Date February 13, 2017
Target GigPeak
Sector Semiconductors
Buyer(s) Integrated Device Technology
Deal Type Add-on Acquisition
Deal Value 250M USD
Advisor(s) Cowen
Needham & Company (Financial)
Crowell & Moring (Legal)

Target Company

GigPeak

San Jose, California, United States
GigPeak, Inc. is a provider of semiconductor components that enable end-to-end information streaming over optical and wireless networks.
Explore More Deals

Browse All 215,130 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Integrated Device Technology

San Jose, California, United States

Category Company
Founded 1980
Sector Semiconductors
Employees1,821
Revenue 843M USD (2018)
DESCRIPTION
Entrance to Integrated Device Technology's corporate headquarters in San Jose, California.
Entrance to Integrated Device Technology's corporate headquarters in San Jose, California.

Integrated Device Technology, Inc. is a provider of semiconductor solutions for advanced network services. IDT serves communications equipment vendors by applying its hardware, software and memory technologies to create flexible, highly integrated products that enhance the functionality and processing of network equipment. Integrated Device Technology, Inc. was formed in 1980 and is based in San Jose, California.


Deal Context for Buyer #
Overall 16 of 16
Sector: Semiconductors 13 of 13
Type: Add-on Acquisition 12 of 12
State: California 8 of 8
Country: United States 13 of 13
Year: 2017 1 of 1
Size (of disclosed) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-07 Zentrum Mikroelektronik Dresden AG

Dresden, Germany

Zentrum Mikroelektronik Dresden AG (ZMDI) is a provider of sensing and digital power semiconductor solutions for automotive, industrial, medical, mobile sensing, information technology and consumer applications.

Buy $307M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-08 Fox Electronics

Fort Myers, Florida, United States

Fox Electronics, is a manufacturer of high-precision, high-reliability frequency control products to the electronics market, with more than 10,000 customers worldwide. Fox Electronics was founded in 1979 and is based in Fort Myers, Florida.

Sell -