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  5. Texas Instruments Acquires Condat AG

M&A Deal Summary

Texas Instruments Acquires Condat AG

On March 1, 2002, Texas Instruments acquired software company Condat AG

Acquisition Highlights
  • This is Texas Instruments’ 5th transaction in the Software sector.
  • This is Texas Instruments’ 1st transaction in Germany.

M&A Deal Summary
Date 2002-03-01
Target Condat AG
Sector Software
Buyer(s) Texas Instruments
Deal Type Add-on Acquisition

Target

Condat AG

Berlin, Germany
Condat AG is a developer of wireless communication software and platforms for mobile business applications.

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Buyer(S) 1

Buyer

Texas Instruments

Dallas, Texas, United States
Category Company
Founded 1930
Sector Semiconductors
Employees34,000
Revenue 15.6B USD (2024)
DESCRIPTION
Entrance to Texas Instruments' corporate headquarters in Dallas, Texas.
Entrance to Texas Instruments' corporate headquarters in Dallas, Texas.

Texas Instruments is a semiconductor design and manufacturing company that develops analog ICs and embedded processors. Texas Instruments was formed in 1930 and is based in Dallas, Texas.

DEAL STATS #
Overall 20 of 29
Sector: Software M&A 5 of 5
Type: Add-on Acquisition M&A Deals 19 of 28
Country: Germany M&A 1 of 1
Year: 2002 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-02-12 Envoy Networks

Burlington, Massachusetts, United States

Envoy Networks is a developer of high-bandwidth infrastructure equipment for wireless services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-21 Chipcon Group AS

Oslo, Norway

Chipcon is a designer of short-range, low-power wireless RF (radio frequency) transceiver devices.

Buy $200M
Mergr

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