M&A Deal Summary

Adesto Technologies Acquires Echelon

On June 29, 2018, Adesto Technologies acquired technology hardware company Echelon for 45M USD

Acquisition Highlights
  • This is Adesto Technologies’ 1st transaction in the Technology Hardware sector.
  • This is Adesto Technologies’ largest (disclosed) transaction.
  • This is Adesto Technologies’ 1st transaction in the United States.
  • This is Adesto Technologies’ 1st transaction in California.

M&A Deal Summary
Date 2018-06-29
Target Echelon
Sector Technology Hardware
Buyer(s) Adesto Technologies
Deal Type Add-on Acquisition
Deal Value 45M USD
Advisor(s) Piper Sandler & Co. (Financial)
Wilson Sonsini Goodrich & Rosati (Legal)

Target

Echelon

Santa Clara, California, United States
Echelon is a developer of an open-standard networking platforms for connecting, monitoring and controlling devices in commercial and industrial applications. Echelon was founded in 1988 and is based in Santa Clara, California.

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Buyer(S) 1

Buyer

Adesto Technologies

Santa Clara, California, United States
Category Company
Founded 2006
Sector Semiconductors
Employees265
Revenue 83M USD (2018)
DESCRIPTION

Adesto Technologies Corp. is a semiconductor memory developer. Adesto focused on developing innovative, low-power memory solutions based on a promising type of Resistive RAM technology called Conductive Bridging RAM (CBRAM). Adesto Technologies was formed in 2006 and is based in Sunnyvale, California.

DEAL STATS #
Overall 3 of 3
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (California) 1 of 1
Country (United States) 1 of 1
Year (2018) 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-09 S3 Semiconductors

Leopardstown, Ireland

S3 ASIC Semiconductors Ltd. is a designer of an advanced mixed-signal chips and manage every aspect of supplying production devices to its customers using some of the world’s most advanced semiconductor production facilities.

Buy $35M
Mergr

Product

Company

Legal