M&A Deal Summary

Adeia Acquires DTS

On September 20, 2016, Adeia acquired electronics company DTS for 850M USD

Acquisition Highlights
  • This is Adeia’s 2nd transaction in the Electronics sector.
  • This is Adeia’s largest (disclosed) transaction.
  • This is Adeia’s 5th transaction in the United States.
  • This is Adeia’s 4th transaction in California.

M&A Deal Summary
Date 2016-09-20
Target DTS
Sector Electronics
Buyer(s) Adeia
Deal Type Add-on Acquisition
Deal Value 850M USD
Advisor(s) Centerview Partners (Financial)
DLA Piper (Legal)

Target

DTS

Calabasas, California, United States
DTS, Inc. is a provider of sound solutions for mobile devices, home theater systems, cinema, and automotive. DTS provides incredibly high-quality, immersive and engaging audio experiences to listeners everywhere.

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Buyer(S) 1

Buyer

Adeia

San Jose, California, United States
Category Company
Sector Information Technology
Employees135
Revenue 389M USD (2023)
DESCRIPTION

Adeia is one of the product and technology licensing companies and its technologies and intellectual property are deployed in areas such as premium audio, computational imaging, computer vision, mobile computing and communications, memory, data storage, 3D semiconductor interconnect and packaging. Adeia is based in San Jose, California.

DEAL STATS #
Overall 7 of 10
Sector (Electronics) 2 of 2
Type (Add-on Acquisition) 7 of 7
State (California) 4 of 7
Country (United States) 5 of 8
Year (2016) 1 of 2
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-27 Ziptronix

Morrisville, North Carolina, United States

Ziptronix, Inc. is a developer of next-generation semiconductor integration strategies and processes.

Buy $39M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-01 Pelican Imaging - Technology Assets

Santa Clara, California, United States

Pelican Imaging Corp. - Technology Assets is a provider of IT services.

Buy -
Mergr

Product

Company

Legal