M&A Deal Summary

Altera Acquires Avalon Microelectronics

On December 14, 2010, Altera acquired semiconductors company Avalon Microelectronics

Acquisition Highlights
  • This is Altera’s 1st transaction in the Semiconductors sector.
  • This is Altera’s 3rd transaction in Canada.
  • This is Altera’s 1st transaction in Newfoundland.

M&A Deal Summary
Date 2010-12-14
Target Avalon Microelectronics
Sector Semiconductors
Buyer(s) Altera
Deal Type Add-on Acquisition

Target

Avalon Microelectronics

Mount Pearl, Newfoundland, Canada
Avalon Microelectronics is a recognized leader in the development and delivery of IP for OTN, SONET/SDH and Ethernet applications to telecom equipment manufacturers. Avalon provides silicon-proven, customized IP to accelerate the time to market of next-generation optical networks.

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Buyer(S) 1

Buyer

Altera

San Jose, California, United States
Category Company
Founded 1983
Sector Semiconductors
Employees3,100
Revenue 1.9B USD (2014)
DESCRIPTION
Entrance to Altera's corporate headquarters in San Jose, California.
Entrance to Altera's corporate headquarters in San Jose, California.

Altera Corp. is a provider of programmable solutions for electronic systems. Altera supplies access to programmable logic, process technologies, IP cores and development tools.

DEAL STATS #
Overall 4 of 7
Sector (Semiconductors) 1 of 3
Type (Add-on Acquisition) 4 of 6
State (Newfoundland) 1 of 1
Country (Canada) 3 of 3
Year (2010) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-12-15 WaferTech

Camas, Washington, United States

WaferTech is a US-based semiconductor integrated circuit foundry.

Sell $350M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-15 TPACK AS

Herlev, Denmark

TPACK delivers complete FPGA-based OTN (optical transport network) products targeting packet and optical networking equipment suppliers.

Buy -
Mergr

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