M&A Deal Summary

Amazon Acquires Annapurna Labs

On January 23, 2015, Amazon acquired semiconductors company Annapurna Labs from Marvell for 350M USD

Acquisition Highlights
  • This is Amazon’s 1st transaction in the Semiconductors sector.
  • This is Amazon’s 11th largest (disclosed) transaction.
  • This is Amazon’s 1st transaction in Israel.

M&A Deal Summary

Date 2015-01-23
Target Annapurna Labs
Sector Semiconductors
Buyer(s) Amazon
Sellers(s) Marvell
Deal Type Divestiture
Deal Value 350M USD

Target

Annapurna Labs

Yokneam, Israel
Annapurna Labs Ltd. is a manufactur of chip circuits in Israeli.

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Buyer(S) 1

Buyer

Amazon

Seattle, Washington, United States

Category Company
Founded 1994
Sector E-Commerce
Employees1,525,000
Revenue 574.8B USD (2023)
DESCRIPTION
Amazon office building in downtown Seattle, Washington.
Amazon office building in downtown Seattle, Washington.

Amazon is an e-commerce retailer and provider of web services. Amazon enables millions of products to be sold through its website and by third parties across a variety of product categories. Customers access Amazon directly and through mobile websites and apps. Amazon also manufactures and sells electronic devices, including Kindle e-readers, Fire tablets, Fire TVs, and Echo. Amazon also offers Amazon Prime, an annual membership program that includes free shipping and access to streaming of movies and TV episodes. Amazon was founded in 1994 and is based in Seattle, Washington.


DEAL STATS #
Overall 43 of 76
Sector (Semiconductors) 1 of 1
Type (Divestiture) 3 of 3
Country (Israel) 1 of 1
Year (2015) 1 of 6
Size (of disclosed) 11 of 21
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-25 Twitch

San Francisco, California, United States

Twitch is a live video platform and community for gamers where more than 55 million have gathered to broadcast, watch and talk about video games. Twitch’s video platform is the backbone of both live and on-demand distribution for the entire video game ecosystem. This includes game developers, publishers, media outlets, events, user generated content and the entire esports scene.

Buy $970M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-12 2lemetry

Denver, Colorado, United States

2lemetry offers a platform for integrating connected devices across enterprises.

Buy -

Seller(S) 1

SELLER

Marvell

Wilmington, Delaware, United States

Category Company
Founded 1995
Sector Semiconductors
Employees6,511
Revenue 5.5B USD (2024)
DESCRIPTION
Entrance to Marvell's corporate campus in Santa Clara, California.
Entrance to Marvell's corporate campus in Santa Clara, California.

Marvell is a fabless semiconductor company. Marvell’s U.S. operating subsidiary is based in Santa Clara, California and Marvell has international design centers located in China, Europe, Hong Kong, India, Israel, Japan, Malaysia, Singapore, Taiwan and the U.S. Marvell has expertise in microprocessor architecture and digital signal processing, and provides solutions for multiple platforms including high volume storage, mobile and wireless, networking, consumer and green products. Marvell was founded in 1995 and is based in Wilmington, Delaware.


DEAL STATS #
Overall 1 of 2
Sector (Semiconductors) 1 of 2
Type (Divestiture) 1 of 2
Country (Israel) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-04 Xelerated AB

Stockholm, Sweden

Xelerated AB is a fabless semiconductor company and engages in the high-throughput network processor (NPU) market. The Xelerated solution bridged the gap between generalised multi-core NPU designs that are costly and require high-power consumption, and ASIC-based solutions that are cheaper but lack customisation. The Xelerated solution offers the ability to perform a reasonable amount of customisation at a price point and with power consumption figures closer to those of an ASIC (application-specific integrated circuit).

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-12 Marvell Technology Group - Multimedia Solutions Business

Hamilton, Bermuda

Marvell Technology Group Ltd. - Multimedia Solutions Business is a provider of semiconductor services in Hamilton, Bermuda.

Sell $95M