M&A Deal Summary

Intel Acquires Ambient Technologies

On February 10, 2000, Intel acquired technology hardware company Ambient Technologies from Cirrus Logic for 150M USD

Acquisition Highlights
  • This is Intel’s 9th transaction in the Technology Hardware sector.
  • This is Intel’s 19th largest (disclosed) transaction.
  • This is Intel’s 17th transaction in the United States.
  • This is Intel’s 12th transaction in California.

M&A Deal Summary
Date 2000-02-10
Target Ambient Technologies
Sector Technology Hardware
Buyer(s) Intel
Sellers(s) Cirrus Logic
Deal Type Divestiture
Deal Value 150M USD

Target

Ambient Technologies

Fremont, California, United States
Ambient Technologies, Inc., develops highly integrated digital subscriber line (DSL) silicon solutions and analog modems designed to bring high-speed Internet access to home users and small businesses.

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Buyer(S) 1

Buyer

Intel

Santa Clara, California, United States

website

Category Company
Founded 1968
Sector Semiconductors
Employees122,900
Revenue 79.0B USD (2021)
DESCRIPTION
Entrance to Intel's corporate headquarters in Santa Clara, California.
Entrance to Intel's corporate headquarters in Santa Clara, California.

Intel is a multinational semiconductor chip maker. The Company's products are incorporated into desktop computers, wearables, servers, tablets, smartphones, and other devices. Intel was formed in 1968 and is based in Santa Clara, California.

DEAL STATS #
Overall 18 of 96
Sector (Technology Hardware) 9 of 29
Type (Divestiture) 2 of 9
State (California) 12 of 39
Country (United States) 17 of 62
Year (2000) 3 of 11
Size (of disclosed) 19 of 29
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-02-03 Software & Silicon Systems Pvt.

Bangalore, India

Software & Silicon Systems Pvt. Ltd. provides Software & Silicon Systems Pvt. Ltd.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-02-24 Voice Technologies Group

Buffalo, New York, United States

Voice Technologies Group, Inc. provides products include Solar Desktop CT, a PC board accessible to TAPI application for access Internet, Intranet, and cyber technology to create the virtual office.

Buy -

Seller(S) 1

SELLER

Cirrus Logic

Austin, Texas, United States

website

Category Company
Founded 1984
Sector Semiconductors
Employees1,591
Revenue 1.8B USD (2022)
DESCRIPTION
Cirrus Logic's headquarters in downtown Austin, Texas.
Cirrus Logic's headquarters in downtown Austin, Texas.

Cirrus Logic is a supplier of high-precision analog and digital signal processing components for the audio and energy markets. Cirrus Logic was founded in 1984 and is based in Austin, Texas.

DEAL STATS #
Overall 3 of 5
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 2 of 4
State (California) 2 of 3
Country (United States) 3 of 5
Year (2000) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-07-27 AudioLogic

Colorado, United States

AudioLogic, Inc. is a developer of an unique business strategy of software-configurable hearing aids that revolutionized the hearing aid industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-10-02 B&W Loudspeakers - PWM Technology Portfolio

North Reading, Massachusetts, United States

B&W Loudspeakers - PWM Technology Portfolio owns and protect PWM patents related to several fundamental components required to assure true-digital, high-performance amplifier technology.

Buy -
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