M&A Deal Summary

Mercury Acquires Microsemi Corp - Embedded Security RF Business

On April 28, 2016, Mercury acquired semiconductors company Microsemi Corp - Embedded Security RF Business from Microsemi for 300M USD

Acquisition Highlights
  • This is Mercury’s 2nd transaction in the Semiconductors sector.
  • This is Mercury’s 2nd largest (disclosed) transaction.
  • This is Mercury’s 8th transaction in the United States.

M&A Deal Summary

Date 2016-04-28
Target Microsemi Corp - Embedded Security RF Business
Sector Semiconductors
Buyer(s) Mercury
Sellers(s) Microsemi
Deal Type Divestiture
Deal Value 300M USD

Target

Microsemi Corp - Embedded Security RF Business

United States
Microsemi Corp - Embedded Security, RF and Microwave, and Custom Microelectronics Businesses ) offers a comprehensive portfolio of semiconductor and system solutions for aerospace & defense.

Search 197,704 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Mercury

Andover, Massachusetts, United States

Category Company
Founded 1981
Sector Electronics
Employees2,596
Revenue 974M USD (2023)
DESCRIPTION

Mercury is a high-tech commercial provider of secure and sensor processing subsystems that power critical defense and intelligence applications. Mercury's products and solutions have been deployed in more than 300 programs with over 25 different defense prime contractors. Key programs include Aegis, Patriot, Surface Electronic Warfare Improvement Program, Gorgon Stare, Predator, F-35 and Reaper. Mercury's organizational structure allows it to deliver capabilities that combine technology building blocks and deep domain expertise in the defense sector. Mercury was formed in 1981 and is based in Andover, Massachusetts.


DEAL STATS #
Overall 8 of 17
Sector (Semiconductors) 2 of 3
Type (Divestiture) 2 of 2
Country (United States) 8 of 16
Year (2016) 2 of 3
Size (of disclosed) 2 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-23 Mercury Systems - Embedded Security RF and Microwave and Custom Microelectronics Businesses

United States

Embedded Security, RF and Microwave, and Custom Microelectronics Businesses is a provider of analog and mixed-signal semiconductor solutions.

Buy $300M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-03 CES Creative Electronic Systems S.A.

Geneva, Switzerland

CES Creative Electronic Systems S.A. is a provider of embedded solutions for military and aerospace mission-critical computing applications. CES specializes in the design, development and manufacture of safety-certifiable product and subsystems solutions including: primary flight control units, flight test computers, mission computers, command and control processors, graphics and video processing and avionics-certified Ethernet and IO.

Buy $38M

Seller(S) 1

SELLER

Microsemi

Chandler, Arizona, United States

Category Company
Founded 1960
Sector Semiconductors
DESCRIPTION
Entrance to Microsemi's corporate headquarters in Aliso Viejo, California.
Entrance to Microsemi's corporate headquarters in Aliso Viejo, California.

Microsemi offers a comprehensive portfolio of semiconductor and system solutions for communications, defense & security, aerospace, and industrial markets. Microsemi was established in 1960 and is based in Chandler, Arizona.


DEAL STATS #
Overall 4 of 4
Sector (Semiconductors) 3 of 3
Type (Divestiture) 4 of 4
Country (United States) 4 of 4
Year (2016) 3 of 3
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-28 Microsemi Corp - Wireless Access Assets

United States

Microsemi Corp - Wireless Access Assets includes wideband RF transceivers and synthesizers for 3G, 4G, and future 5G cellular base station and remote radio head (RRH) unit platforms.

Sell $210M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-26 Vectron International

Hudson, New Hampshire, United States

Vectron International, Inc. is a designer, manufacturer and marketer of Frequency Control, Sensor, and Hybrid Product solutions using the very latest techniques in both bulk acoustic wave (BAW) and surface acoustic wave (SAW) based designs from DC to microwave frequencies. Products include crystals and crystal oscillators; frequency translators; clock and data recovery products; SAW filters; Crystal filters and components used in telecommunications, data communications, frequency synthesizers, timing, navigation, military, aerospace and instrumentation systems.

Buy $130M