M&A Deal Summary

Acer America Acquires Texas Instruments - Mobile Computing Business

On January 23, 1997, Acer America acquired technology hardware company Texas Instruments - Mobile Computing Business from Texas Instruments

Acquisition Highlights
  • This is Acer America’s 1st transaction in the Technology Hardware sector.
  • This is Acer America’s 1st transaction in the United States.

M&A Deal Summary

Date 1997-01-23
Target Texas Instruments - Mobile Computing Business
Sector Technology Hardware
Buyer(s) Acer America
Sellers(s) Texas Instruments
Deal Type Divestiture

Target

Texas Instruments - Mobile Computing Business

United States
Texas Instruments - Mobile Computing Business engages in the manufacturer of dynamic random access memory (DRAM) chips.

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Buyer(S) 1

Buyer

Acer America

San Jose, California, United States

Category Company
Founded 1976
Sector Technology Hardware
DESCRIPTION

Acer America Corp. is a designer and manufacturer of broad range of computer systems and peripherals. Award-winning product offerings include AcerNote notebooks, AcerAspire PCs for the home, AcerPower and AcerNote desktop computers.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 1997 M&A 1 of 1

Seller(S) 1

SELLER

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 4 of 12
Sector: Technology Hardware M&A 2 of 4
Type: Divestiture M&A Deals 4 of 12
Country: United States M&A 4 of 12
Year: 1997 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-01-06 Texas Instruments - Defense Systems & Electronics Business

Lewisville, Texas, United States

Texas Instruments - Defense Systems & Electronics Business is a premier supplier of advanced defense systems, including precision-guided weapons, anti-radiation and strike missiles, airborne radar, night vision systems and electronic warfare systems.

Sell $3.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1997-03-03 Intersect Technologies

San Pedro, California, United States

Intersect Technologies, Inc. is a technology provider engaged in the design and development of software, firmware and hardware for the mass storage market.

Buy -