M&A Deal Summary

Littelfuse Acquires IXYS

On August 28, 2017, Littelfuse acquired semiconductors company IXYS for 655M USD

Acquisition Highlights
  • This is Littelfuse’s 4th transaction in the Semiconductors sector.
  • This is Littelfuse’s largest (disclosed) transaction.
  • This is Littelfuse’s 12th transaction in the United States.
  • This is Littelfuse’s 3rd transaction in California.

M&A Deal Summary
Date 2017-08-28
Target IXYS
Sector Semiconductors
Buyer(s) Littelfuse
Deal Type Add-on Acquisition
Deal Value 655M USD
Advisor(s) Needham & Co. LLC (Financial)
Latham & Watkins (Legal)

Target

IXYS

Milpitas, California, United States
website
IXYS Corp. is an integrated semiconductor company, designs, develops, manufactures, and markets power semiconductors, digital and analog integrated circuits (ICs), and systems and radio frequency (RF) power semiconductors worldwide. IXYS was founded in 1983 and is based in Milpitas, California.

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Buyer(S) 1

Buyer

Littelfuse

Chicago, Illinois, United States

website

Category Company
Founded 1927
Sector Electronics
Employees18,000
Revenue 2.5B USD (2022)
DESCRIPTION

Littelfuse is a provider of circuit protection with growing global platforms in power control and sensing. The company serves customers in the electronics, automotive and industrial markets with technologies including fuses, semiconductors, polymers, ceramics, relays and sensors. Littelfuse has over 8,000 employees in more than 35 locations throughout the Americas, Europe and Asia. Littelfuse was founded in 1927 and is based in Chicago, Illinois.

DEAL STATS #
Overall 22 of 27
Sector (Semiconductors) 4 of 4
Type (Add-on Acquisition) 16 of 21
State (California) 3 of 3
Country (United States) 12 of 15
Year (2017) 2 of 2
Size (of disclosed) 1 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-10 U.S. Sensor

Orange, California, United States

U.S. Sensor Corp. is a manufacturer of an extensive variety of high quality negative temperature coefficient (NTC) thermistors as well as thermistor probes and assemblies. The company’s products are produced using proprietary state-of-the-art processing techniques for long term reliability. Product lines also include Thin Film Platinum resistance temperature detectors (RTDs) and RTD assemblies. Customers world-wide use U.S. Sensor thermistors and RTDs in their most demanding applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-28 Hartland Controls

Rock Falls, Illinois, United States

Hartland Controls LLC is a provider of electrical system components to the heating, ventilation and air conditioning market, as well as other industrial end markets. Hartland Controls was founded in 2002 and is based in Rock Falls, Illinois.

Buy -
Mergr

Product

Company

Legal