Add-on Acquisition • Semiconductors

Siemens Acquires Avatar Integrated Systems

On July 15, 2020, Siemens acquired semiconductors company Avatar Integrated Systems

Acquisition Context
  • This is Siemens’ 1st transaction in the Semiconductors sector.
  • This is Siemens’ 22nd transaction in the United States.
  • This is Siemens’ 4th transaction in California.

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M&A Deal Summary

Date July 15, 2020
Target Avatar Integrated Systems
Sector Semiconductors
Buyer(s) Siemens
Deal Type Add-on Acquisition

Target Company

Avatar Integrated Systems

Santa Clara, California, United States
Avatar Integrated Systems is a developer of place and route software for integrated circuit (IC) design. The company's products enable integrated circuit (IC) designers to create semiconductor chips that enable today's electronic devices, such as smartphones, computers, internet equipment, IoT wearables, etc. Avatar was formed in 2017 and is based in Santa Clara, California.
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Buyer Overview 1

Buyer

Siemens

Munich, Germany

Category Company
Founded 1847
Sector Diversified
Employees320,000
Revenue 75.9B EUR (2024)
DESCRIPTION
Siemens office building in St. Louis, Missouri.
Siemens office building in St. Louis, Missouri.

Siemens is a global engineering and electronics conglomerate company headquartered in Munich. Siemens serves a variety of customers and is organized in in four main divisions: Industry, Energy, Healthcare, and Infrastructure & Cities. Siemens was founded in 1847 and is based in Munich, Germany.


Deal Context for Buyer #
Overall 45 of 53
Sector: Semiconductors 1 of 1
Type: Add-on Acquisition 38 of 46
State: California 4 of 4
Country: United States 22 of 25
Year: 2020 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-23 UltraSoC Technologies

Cambridge, United Kingdom

UltraSoC Technologies Ltd. is a provider of instrumentation and analytics solutions that put intelligent monitoring, cybersecurity, and functional safety capabilities into the core hardware of system-on-chip (SoC). UltraSoC Technologies was founded in 2006 and is based in Cambridge, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-29 Flender

Bocholt, Germany

Flender is a drive technology company with a comprehensive product and service portfolio that includes gearboxes, couplings, and generators for a wide variety of industries. The business is particularly strong in Wind, a sector benefitting from secular tailwinds given its increasing importance in the energy mix. Flender was formed in 1899 and is based in Bocholt, Germany.

Sell $2.0B