M&A Deal Summary

Broadcom Acquires CyOptics

On April 11, 2013, Broadcom acquired electronics company CyOptics from TA Associates for 400M USD

Acquisition Highlights
  • This is Broadcom’s 1st transaction in the Electronics sector.
  • This is Broadcom’s 8th largest (disclosed) transaction.
  • This is Broadcom’s 1st transaction in the United States.
  • This is Broadcom’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2013-04-11
Target CyOptics
Sector Electronics
Buyer(s) Broadcom
Sellers(s) TA Associates
Deal Type Add-on Acquisition
Deal Value 400M USD
Advisor(s) Raymond James - Investment Banking (Financial)
Goodwin Procter (Legal)

Target

CyOptics

Breinigsville, Pennsylvania, United States
CyOptics is a provider of optical components to the communications, defense and aerospace industries. The company designs, fabricates and packages a broad portfolio of optical components including lasers, detectors, transmitters, receivers and modulators, as well as integrated solutions such as photonic integrated circuits.

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Buyer(S) 1

Buyer

Broadcom

Palo Alto, California, United States
Category Company
Founded 2018
Sector Semiconductors
Employees20,000
Revenue 35.8B USD (2023)
DESCRIPTION

Broadcom is a designer, developer and global supplier of a broad range of analog semiconductor devices with a focus on III-V based products. Broadcom was founded in 2018 and is based in San Jose, California.

DEAL STATS #
Overall 5 of 17
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 1 of 12
State (Pennsylvania) 1 of 1
Country (United States) 1 of 12
Year (2013) 1 of 2
Size (of disclosed) 8 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-30 Infineon - Bulk Acoustic Wave Business

Munich, Germany

Infineon’s bulk acoustic wave (BAW) business is a provider of high precision RF filtering for wireless applications.

Buy €22M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-30 Javelin Semiconductor

Austin, Texas, United States

Javelin Semiconductor, Inc. is a provider of high performance radio frequency (RF) and mixed signal CMOS integrated circuits for wireless communications. Based in Austin, Texas, Javelin is a leading developer of high performance 3G CMOS power amplifiers (PAs).

Buy -

Seller(S) 1

SELLER

TA Associates

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1968
PE ASSETS 65.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TA Associates is a private equity firm that targets investments in middle-market and large companies around the world. TA will consider control or minority investments in profitable companies and looks to commit between $70 and $500 million per transaction. TA proactively reaches out to companies directly in sourcing potential investment opportunities. Prospective businesses are generally valued between $100 million and $3 billion. Areas of interest include technology, software, communications, financial services, healthcare, business services, semiconductors/electronics, and consumer products/services. In addition to investing equity capital, TA also makes subordinated debt investments. TA's geographic preference is North America, Asia/Pacific, and Europe. TA Associates was formed in 1968 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 165 of 255
Sector (Electronics) 3 of 3
Type (Add-on Acquisition) 95 of 130
State (Pennsylvania) 10 of 14
Country (United States) 151 of 206
Year (2013) 2 of 6
Size (of disclosed) 31 of 67
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-28 Nintex

Bellevue, Washington, United States

Nintex is a provider of intelligent process automation (IPA) with more than 7,500 enterprise clients and 1,700 partners in 90 countries who have built and published millions of workflow applications. With its unmatched breadth of capability and platform support delivered by unique architectural capabilities, Nintex empowers the line of business and IT departments to quickly automate, orchestrate and optimize hundreds of manual processes to progress on the journey to digital transformation. Nintex workflow cloud, the company’s cloud platform, connects with all content repositories, systems of record, and people to consistently fuel successful business outcomes. Nintex was founded in 2006 and is based in Bellevue, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-29 Alma Lasers

Buffalo Grove, Illinois, United States

Alma Lasers, Ltd. is a developer, manufacturer and seller of laser, light and radio frequency based devices for aesthetic applications. The company's products are designed to provide efficient, safe and cost-effective systems for use by plastic surgeons, dermatologists, obstetricians, gynecologists and general physicians. The products are used for non-invasive aesthetic procedures such as hair removal, skin rejuvenation and cellulite reduction on an outpatient basis.

Sell $240M
Mergr

Product

Company

Legal