M&A Deal Summary

Analog Devices Acquires Sand 9

On June 1, 2015, Analog Devices acquired semiconductors company Sand 9 from Vulcan Capital

Acquisition Highlights
  • This is Analog Devices’ 12th transaction in the Semiconductors sector.
  • This is Analog Devices’ 9th transaction in the United States.
  • This is Analog Devices’ 3rd transaction in Massachusetts.

M&A Deal Summary

Date 2015-06-01
Target Sand 9
Sector Semiconductors
Buyer(s) Analog Devices
Sellers(s) Vulcan Capital
Deal Type Add-on Acquisition

Target

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.

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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 18 of 28
Sector (Semiconductors) 12 of 19
Type (Add-on Acquisition) 16 of 23
State (Massachusetts) 3 of 3
Country (United States) 9 of 16
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-09 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.

Buy $2.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-17 SNAP Sensor SA

Neuchatel, Switzerland

SNAP Sensor SA is a manufacturer of specialized image sensors for digital cameras, cellular phones and security monitoring.

Buy -

Seller(S) 1

SELLER

Vulcan Capital

Seattle, Washington, United States

Investor


Category Family Office
Founded 1986
Size Mega
Type Sector Agnostic
DESCRIPTION

Vulcan Capital is the private investment group of Vulcan Inc., the organization founded by Paul G. Allen to manage his personal and professional endeavors. Vulcan Capital looks to invest at all company stages and will consider opportunities across an array of industries. Sectors of interest include business services, consumer products, distribution and logistics, energy and natural resources, financial services and insurance, healthcare, manufacturing, media, technology, and telecom. The Firm's target investment size is $10 to $100 million. In addition to direct investing, Vulcan Capital also makes fund investments as well as invests in public securities. Vulcan Inc. was formed in 1986 and has offices in Seattle, Washington and Palo Alto, California.


DEAL STATS #
Overall 18 of 29
Sector (Semiconductors) 2 of 3
Type (Add-on Acquisition) 9 of 14
State (Massachusetts) 1 of 2
Country (United States) 17 of 27
Year (2015) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-21 Driven Brands

Charlotte, North Carolina, United States

Driven Brands is a parent company of automotive aftermarket brands across four distinct verticals: Repair & Maintenance, housing Meineke Car Care Centers; Paint & Collision, housing Maaco, CARSTAR, and ABRA; Distribution, housing 1-800-Radiator & A/C and Spire Supply; and Quick Lube, housing Take 5 Oil Change. Driven Brands was incorporated in 1972 and is based in Charlotte, North Carolina.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-04 SiOnyx

Beverly, Massachusetts, United States

SiOnyx is commercializing a patented semiconductor process that dramatically enhances the infrared sensitivity of silicon-based photonics. As a result, SiOnyx’s Black Silicon platform represents a significant breakthrough in the development of smaller, lower cost, higher performance photonic devices. SiOnyx was founded in 2006 and is based in Beverly, Massachusetts.

Sell -