M&A Deal Summary

Silicon Motion Technology Acquires Future Communications IC

On April 19, 2007, Silicon Motion Technology acquired semiconductors company Future Communications IC for 102M USD

Acquisition Highlights
  • This is Silicon Motion Technology’s 1st transaction in the Semiconductors sector.
  • This is Silicon Motion Technology’s largest (disclosed) transaction.
  • This is Silicon Motion Technology’s 1st transaction in South Korea.

M&A Deal Summary
Date 2007-04-19
Target Future Communications IC
Sector Semiconductors
Buyer(s) Silicon Motion Technology
Deal Type Add-on Acquisition
Deal Value 102M USD
Advisor(s) Jefferies (Financial)

Target

Future Communications IC

Seongnam, South Korea
website
Future Communications IC Inc. is a leading fabless RF IC designer of low power, low cost semiconductor solutions for mobile TV, car television systems, ETC, DAB and CDMA markets.

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Buyer(S) 1

Buyer

Silicon Motion Technology

Kowloon, China

website

Category Company
Founded 1995
Sector Semiconductors
Revenue 922M USD (2021)
DESCRIPTION

Silicon Motion Technology is a fabless semiconductor company, designs, develops, and markets semiconductor solutions for mobile storage and mobile communications markets. Silicon Motion Technology was founded in 1995 and is based in Kowloon, China.

DEAL STATS #
Overall 1 of 2
Sector (Semiconductors) 1 of 2
Type (Add-on Acquisition) 1 of 2
Country (South Korea) 1 of 1
Year (2007) 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-24 Shanghai Baocun Information Technology

Shanghai, China

Shannon Systems is a supplier of enterprise-class PCIe SSD and storage array solutions to China's internet and other industries.

Buy $58M
Mergr

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