M&A Deal Summary

Coherent Acquires EpiWorks

On February 1, 2016, Coherent acquired semiconductors company EpiWorks for 43M USD

Acquisition Highlights
  • This is Coherent’s 3rd transaction in the Semiconductors sector.
  • This is Coherent’s 8th largest (disclosed) transaction.
  • This is Coherent’s 4th transaction in the United States.
  • This is Coherent’s 1st transaction in Illinois.

M&A Deal Summary
Date 2016-02-01
Target EpiWorks
Sector Semiconductors
Buyer(s) Coherent
Deal Type Add-on Acquisition
Deal Value 43M USD
Advisor(s) AGC Partners (Financial)

Target

EpiWorks

Champaign, Illinois, United States
EpiWorks, Inc. is a provider of epitaxial wafers for electronic and photonic device applications. Epitaxial devices consist of nanolayers of semiconductor crystals that are uniformly deposited in sophisticated deposition tools to form an “epi-wafer.”

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Buyer(S) 1

Buyer

Coherent

Saxonburg, Pennsylvania, United States
Category Company
Founded 1971
Sector Test/Measurement Equipment
Employees26,000
Revenue 5.2B USD (2023)
DESCRIPTION

Coherent provides engineered materials and opto-electronic 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 7 of 13
Sector (Semiconductors) 3 of 5
Type (Add-on Acquisition) 5 of 11
State (Illinois) 1 of 1
Country (United States) 4 of 8
Year (2016) 1 of 3
Size (of disclosed) 8 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-12 Oclaro Switzerland .

Zurich, Switzerland

Oclaro Switzerland GmbH is a manufacture of gallium arsenide laser diodes.

Buy $115M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-29 Anadigics

Warren, New Jersey, United States

Anadigics, Inc. is a designer and manufacturer of innovative radio frequency (RF) solutions for the growing CATV infrastructure, small-cell, WiFi, and cellular markets.

Buy $78M
Mergr

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