M&A Deal Summary

Analog Devices Acquires Hittite Microwave

On June 9, 2014, Analog Devices acquired semiconductors company Hittite Microwave for 2.0B USD

Acquisition Highlights
  • This is Analog Devices’ 11th transaction in the Semiconductors sector.
  • This is Analog Devices’ 3rd largest (disclosed) transaction.
  • This is Analog Devices’ 8th transaction in the United States.
  • This is Analog Devices’ 2nd transaction in Massachusetts.

M&A Deal Summary

Date 2014-06-09
Target Hittite Microwave
Sector Semiconductors
Buyer(s) Analog Devices
Deal Type Add-on Acquisition
Deal Value 2.0B USD
Advisor(s) Deutsche Bank Corporate & Investment Banking (Financial)
Foley Hoag (Legal)

Target

Hittite Microwave

Chelmsford, Massachusetts, United States
Hittite Microwave Corp. is a designer, developer, and manufacturer of high-performance integrated circuits for wireless and wireline communications systems.

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Buyer(S) 1

Buyer

Analog Devices

Wilmington, Massachusetts, United States

Category Company
Founded 1965
Sector Semiconductors
Employees26,000
Revenue 12.3B USD (2023)
DESCRIPTION
Entrance to Analog Devices' office in San Jose, California.
Entrance to Analog Devices' office in San Jose, California.

Analog Devices designs, manufactures, and markets a broad portfolio of high-performance analog, mixed-signal, and digital signal processing integrated circuits used in virtually all types of electronic equipment. Analog Devices was founded in 1965 and is based in Wilmington, Massachusetts.


DEAL STATS #
Overall 17 of 28
Sector (Semiconductors) 11 of 19
Type (Add-on Acquisition) 15 of 23
State (Massachusetts) 2 of 3
Country (United States) 8 of 16
Year (2014) 1 of 1
Size (of disclosed) 3 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-14 Analog Devices - MEMS Microphone Business Line

Massachusetts, United States

Analog Devices, Inc. - MEMS Microphone Business Line includes intellectual property, goodwill and certain tangible and intangible assets.

Sell $100M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-01 Sand 9

Cambridge, Massachusetts, United States

Sand 9 is a technology company offering a precision MEMS technology platform that enhances quality and performance, simplifies system design, and promotes space and power savings in integrated electronic systems, Sand 9's broad patent portfolio has the potential to transform wireless and wired systems in a wide range of market segments: mobile, industrial and communications.

Buy -