M&A Deal Summary

Coherent Acquires Ascatron AB

On August 12, 2020, Coherent acquired semiconductors company Ascatron AB

Acquisition Highlights
  • This is Coherent’s 5th transaction in the Semiconductors sector.
  • This is Coherent’s 1st transaction in Sweden.

M&A Deal Summary

Date 2020-08-12
Target Ascatron AB
Sector Semiconductors
Buyer(s) Coherent
Deal Type Add-on Acquisition

Target

Ascatron AB

Stockholm, Sweden
Ascatron AB provides silicon carbide (SiC) epitaxial wafers and devices that enable a wide range of high-voltage power electronics applications. Ascatron is led by a team of experts in wide-bandgap materials with more than 200 person-years in the SiC and semiconductor industry, bringing world-class competence to SiC development and production processes. Ascatron is based in Stockholm, Sweden.

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Buyer(S) 1

Buyer

Coherent

Saxonburg, Pennsylvania, United States

Category Company
Founded 1971
Sector Test/Measurement Equipment
Employees26,157
Revenue 4.7B USD (2024)
DESCRIPTION

Coherent provides engineered materials and optoelectronic components and is a vertically integrated manufacturing company that develops innovative products for diversified applications in the industrial, optical communications, military, life sciences, semiconductor equipment, and consumer markets. Coherent was founded in 1971 and is based in Saxonburg, Pennsylvania.


DEAL STATS #
Overall 12 of 13
Sector: Semiconductors M&A 5 of 5
Type: Add-on Acquisition M&A Deals 10 of 11
Country: Sweden M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-09 Finisar

Sunnyvale, California, United States

Finisar Corp. is a communications systems company that specializes in components, subsystems, network products, and instrumentation for high-speed fiber optic data transmission. Finisar Corp. was formed in 1987 and is based in Sunnyvale, California.

Buy $3.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-25 Coherent

Santa Clara, California, United States

Coherent is a supplier of photonics-based solutions for a broad range of commercial and scientific research applications. Coherent designs, manufactures, services, and markets lasers and related accessories for a diverse group of customers. Coherent was formed in 1966 and is based in Santa Clara, California.

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