M&A Deal Summary

Advanced Electronic Systems AG Acquires Altis Semiconductor SNC

On August 30, 2007, Advanced Electronic Systems AG acquired semiconductors company Altis Semiconductor SNC from IBM and Infineon Technologies

Acquisition Highlights
  • This is Advanced Electronic Systems AG’s 1st transaction in the Semiconductors sector.
  • This is Advanced Electronic Systems AG’s 1st transaction in France.

M&A Deal Summary

Date 2007-08-30
Target Altis Semiconductor SNC
Sector Semiconductors
Buyer(s) Advanced Electronic Systems AG
Sellers(s) IBM
Infineon Technologies
Deal Type Divestiture

Target

Altis Semiconductor SNC

Corbeil Essonnes, France
Altis Semiconductor SNC is a manufacturer of semiconductor components for communications, automotive and security applications in 250 to 130 nanometer technologies.

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Buyer(S) 1

Buyer

Advanced Electronic Systems AG

Zurich, Switzerland

Category Company
Sector Semiconductors
DESCRIPTION

Advanced Electronic Systems AG, engages in manufacturing of semiconductor components for communications in located in Zurich, Switzerland.


DEAL STATS #
Overall 1 of 1
Sector (Semiconductors) 1 of 1
Type (Divestiture) 1 of 1
Country (France) 1 of 1
Year (2007) 1 of 1

Seller(S) 2

SELLER

IBM

Armonk, New York, United States

Category Company
Founded 1911
Sector Information Technology
Employees270,300
Revenue 62.8B USD (2024)
DESCRIPTION
Entrance to IBM's corporate headquarters in Armonk, New York.
Entrance to IBM's corporate headquarters in Armonk, New York.

IBM is a global provider of information technology products and services. IBM's products and services include IT infrastructure and business process services, cloud computing, business analytics, and enterprise software. IBM was formed in 1911 and is based in Armonk, New York.


DEAL STATS #
Overall 11 of 33
Sector (Semiconductors) 2 of 3
Type (Divestiture) 10 of 30
Country (France) 1 of 1
Year (2007) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-22 WebDialogs

Westford, Massachusetts, United States

WebDialogs, Inc. is a provider of online web conferencing services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-13 Princeton Softech

Princeton, New Jersey, United States

Princeton Softech, Inc. is a provider of enterprise-scale data management solutions for Global 3000 companies.

Buy -
SELLER

Infineon Technologies

Munich, Germany

Category Company
Sector Semiconductors
Employees59,364
Revenue 16.3B EUR (2023)
DESCRIPTION

Infineon Technologies offers semiconductors and system solutions for automotive and industrial electronics and chip card and security applications. Infineon Technologies is based in Munich, Germany.


DEAL STATS #
Overall 11 of 17
Sector (Semiconductors) 4 of 8
Type (Divestiture) 11 of 17
Country (France) 1 of 1
Year (2007) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-20 LSI - Mobility Products Group

San Jose, California, United States

LSI - Mobility Products Group comprises mainly mobile radio base band processors and platforms that complement Infineon’s existing portfolio.

Buy €367M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-10 Infineon - Hard Disk Drive Business

Germany

Infineon - Hard Disk Drive Business which designs, manufactures and markets semiconductors for HDD devices. Infineon will transfer its complete HDD activities, including customer relations as well as know-how and will grant an IP license. Also included in the transaction is a design service agreement.

Sell -