M&A Deal Summary

Beijing E-Town Chipone Technology Acquires Integrated Memory Logic

On June 2, 2016, Beijing E-Town Chipone Technology acquired semiconductors company Integrated Memory Logic from Exar for 136M USD

Acquisition Highlights
  • This is Beijing E-Town Chipone Technology’s 1st transaction in the Semiconductors sector.
  • This is Beijing E-Town Chipone Technology’s largest (disclosed) transaction.
  • This is Beijing E-Town Chipone Technology’s 1st transaction in the United States.
  • This is Beijing E-Town Chipone Technology’s 1st transaction in California.

M&A Deal Summary
Date 2016-06-02
Target Integrated Memory Logic
Sector Semiconductors
Buyer(s) Beijing E-Town Chipone Technology
Sellers(s) Exar
Deal Type Divestiture
Deal Value 136M USD

Target

Integrated Memory Logic

San Jose, California, United States
Integrated Memory Logic (iML) is a fabless semiconductor company, which develops and markets application specific analog, power management, and mixed signal integrated circuits.

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Buyer(S) 1

Buyer

Beijing E-Town Chipone Technology

Beijing, China
Category Company
Sector Semiconductors
DESCRIPTION

Beijing E-Town Chipone Technology Co., Ltd. is a manufacture or semiconductor products and services.

DEAL STATS #
Overall 1 of 1
Sector (Semiconductors) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Exar

Fremont, California, United States
Category Company
Founded 1971
Sector Semiconductors
Employees269
Revenue 149M USD (2016)
DESCRIPTION
Entrance to Exar's corporate headquarters in Fremont, California.
Entrance to Exar's corporate headquarters in Fremont, California.

Exar Corp. is a designer, developer and marketer of high-performance integrated circuits and system solutions for the Communications, High-End Consumer, Industrial & Embedded Systems, and Networking & Storage markets. Exar's broad product portfolio includes analog, display, LED lighting, mixed-signal, power management, connectivity, data management, and video processing solutions.

DEAL STATS #
Overall 1 of 1
Sector (Semiconductors) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-16 Integrated Memory Logic

San Jose, California, United States

Integrated Memory Logic (iML) is a fabless semiconductor company, which develops and markets application specific analog, power management, and mixed signal integrated circuits.

Buy $224M
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