M&A Deal Summary

KIOXIA Acquires Lite-On Technology - SSD Business

On August 30, 2019, KIOXIA acquired technology hardware company Lite-On Technology - SSD Business from Lite-On for 165M USD

Acquisition Highlights
  • This is KIOXIA’s 1st transaction in the Technology Hardware sector.
  • This is KIOXIA’s largest (disclosed) transaction.
  • This is KIOXIA’s 1st transaction in Taiwan.

M&A Deal Summary

Date 2019-08-30
Target Lite-On Technology - SSD Business
Sector Technology Hardware
Buyer(s) KIOXIA
Sellers(s) Lite-On
Deal Type Divestiture
Deal Value 165M USD

Target

Lite-On Technology - SSD Business

Taiwan
Lite-On Technology Corp. - SSD Business is a provider of Solid State Drives in Taiwan.

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Buyer(S) 1

Buyer

KIOXIA

Tokyo, Japan

website


Category Company
Founded 2017
Sector Technology Hardware
DESCRIPTION

KIOXIA is a provider of non-volatile memory solutions. The products can be found embedded in smartphones, MP3 players, satellite navigation systems, digital still cameras and digital video recorders. KIOXIA also produces a wide range of digital media storage devices such as SDHCTM, SDXCTM, microSDTM, and FlashAirTM wireless memory cards and USB flash drives to meet the growing storage needs of electronic devices. KIOXIA is based in Tokyo, Japan.


DEAL STATS #
Overall 1 of 2
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 1
Country (Taiwan) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-24 Chubu Toshiba Engineering

Nagoya City, Japan

Chubu Toshiba Engineering is specializing in semiconductor related hardware and software design, prototyping and evaluation. Chubu Toshiba Engineering was founded in 1992 and is based in Nagoya City, Japan.

Buy -

Seller(S) 1

SELLER

Lite-On

Taipei, Taiwan

website


Category Company
Founded 1975
Sector Semiconductors
Revenue 164.8B TWD (2021)
DESCRIPTION

Lite-On is a provider of optoelectronics, storage, semiconductors, and other devices. Lite-On was founded in 1975 and is based in Taipei, Taiwan.


DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 1
Country (Taiwan) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-30 Cosel

Toyama, Japan

Cosel is a global designer and manufacturer of high performance AC-DC Power Supplies, DC-DC Converters and EMI Filters. Cosel's product range is aimed mostly at demanding applications within the Industrial, Factory Automation, Medical, Telecoms, Lighting, Audio/Broadcast & Renewable Energy sectors. A flexible approach with full in-house design means we deliver products using the very latest technology meeting the growing demands of our customers. Cosel was founded in 1969 and is based in Toyama, Japan.

Buy -