M&A Deal Summary

Allegro MicroSystems Acquires Heyday

On May 31, 2022, Allegro MicroSystems acquired semiconductors company Heyday for 19M USD

Acquisition Highlights
  • This is Allegro MicroSystems’ 1st transaction in the Semiconductors sector.
  • This is Allegro MicroSystems’ 2nd largest (disclosed) transaction.
  • This is Allegro MicroSystems’ 1st transaction in France.

M&A Deal Summary

Date 2022-05-31
Target Heyday
Sector Semiconductors
Buyer(s) Allegro MicroSystems
Deal Type Add-on Acquisition
Deal Value 19M USD

Target

Heyday

Grasse, France
Heyday is a fabless semiconductor company focused on designing and selling isolated gate drivers for the power electronics market. With innovation and creativity core to its R&D culture, the Heyday team has developed new patented technologies resulting in breakthrough isolated gate drive performance. Heyday was founded in 2014 and is based in Grasse, France.

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Buyer(S) 1

Buyer

Allegro MicroSystems

Manchester, New Hampshire, United States

Category Company
Founded 1990
Sector Information Technology
Employees4,060
Revenue 725M USD (2025)
DESCRIPTION

Allegro MicroSystems is a developer of advanced semiconductor technology and application-specific algorithms. Allegro MicroSystems is based in Manchester, New Hampshire.


DEAL STATS #
Overall 2 of 3
Sector: Semiconductors M&A 1 of 2
Type: Add-on Acquisition M&A Deals 2 of 3
Country: France M&A 1 of 2
Year: 2022 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-31 Voxtel

Beaverton, Oregon, United States

Voxtel, Inc. is a privately held company specializing in advanced photonic and 3D imaging technology including long-range, eye-safe Light Detection and Ranging (LiDAR). Voxtel was founded in 1999 and is based in Beaverton, Oregon.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-08 Crocus Technology

Grenoble, France

Crocus Technology is a designer of magnetic memory chip. Crocus develops XtremeSense TMR advanced sensor technology which provides the highest sensitivity, lowest power consumption and smallest size by comparison to other magnetic technologies such as Hall, AMR and GMR. Crocus Technology was founded in 2004 and is based in Grenoble, France.

Buy $420M