M&A Deal Summary

ATI Technologies Acquires Bitboys Oy

On May 2, 2006, ATI Technologies acquired information technology company Bitboys Oy from Cipio Partners for 35M EUR

Acquisition Highlights
  • This is ATI Technologies’ 1st transaction in the Information Technology sector.
  • This is ATI Technologies’ largest (disclosed) transaction.
  • This is ATI Technologies’ 1st transaction in Finland.

M&A Deal Summary
Date 2006-05-02
Target Bitboys Oy
Sector Information Technology
Buyer(s) ATI Technologies
Sellers(s) Cipio Partners
Deal Type Add-on Acquisition
Deal Value 35M EUR

Target

Bitboys Oy

Espoo, Finland
Graphics solutions for mobile phones and other embedded or handheld devices.

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Buyer(S) 1

Buyer

ATI Technologies

Markham, Ontario, Canada
Category Company
Founded 1985
Sector Semiconductors
Employees3,469
DESCRIPTION

ATI Technologies Inc. design and manufacture of innovative 3D graphics, PC platform technologies and digital media silicon solutions.

DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (Finland) 1 of 1
Year (2006) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-11-20 Chromatic Research

Sunnyvale, California, United States

Chromatic Research Inc. was acquired by ATI Technologies Inc. The company develops media processors-chips that specialize in processing the 'natural data types' common to all multimedia applications, such as video, graphics, audio and communications.

Buy -

Seller(S) 1

SELLER

Cipio Partners

Munich, Germany

Investor Investor Investor Investor Investor

Category Secondary Investor
Founded 2003
Size Small
Type Sector Agnostic
DESCRIPTION

Cipio Partners is an investment management firm focused on secondary investments, as well as early and later-stage venture capital transactions. Sectors of interest include technology, media, and communications. Cipio Partners was formed in 2003 and is based in Munich, Germany.

DEAL STATS #
Overall 14 of 68
Sector (Information Technology) 3 of 9
Type (Add-on Acquisition) 5 of 35
Country (Finland) 1 of 1
Year (2006) 5 of 10
Size (of disclosed) 7 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-04-01 Tropian

Cupertino, California, United States

Chipsets for multi-mode, multi-band wireless devices.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-01 Avanion

Berlin, Germany

Avanion GmbH, a software developer, provides solutions for engineering and downstream processes. It offers Phenomic by avanion, which enables to visualize the product data on the Web; Phenomic DMU supports digital mock-up tasks; and Phenomic Step provides CAD translation. The company also offers Phenomic Surf that enables enterprise-wide access to 3D models; phenomicHARNESS integrates geometry and electric design processes; and PhenomicDOC generates exploded views of assemblies for documentation and maintenance..

Sell -
Mergr

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