M&A Deal Summary

Cypress Semiconductors Acquires SIMTEK

On March 9, 2009, Cypress Semiconductors acquired semiconductors company SIMTEK for 46M USD

Acquisition Highlights
  • This is Cypress Semiconductors’ 11th transaction in the Semiconductors sector.
  • This is Cypress Semiconductors’ 6th largest (disclosed) transaction.
  • This is Cypress Semiconductors’ 13th transaction in the United States.
  • This is Cypress Semiconductors’ 1st transaction in Colorado.

M&A Deal Summary

Date 2009-03-09
Target SIMTEK
Sector Semiconductors
Buyer(s) Cypress Semiconductors
Deal Type Add-on Acquisition
Deal Value 46M USD

Target

SIMTEK

Colorado Springs, Colorado, United States
Simtek Corp. designs and markets "NV fast SRAM" non-volatile semiconductor memory products for use in a variety of systems including RAID servers, storage arrays, GPS navigational systems, industrial controllers, robotics, copiers, avionics, metering, consumer, UPS, and networking and broadcast equipment.

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Buyer(S) 1

Buyer

Cypress Semiconductors

San Jose, California, United States

Category Company
Founded 1982
Sector Semiconductors
Employees7,100
Revenue 2.4B USD (2018)
DESCRIPTION
Entrance to Cypress Semiconductor's corporate headquarters in San Jose, California.
Entrance to Cypress Semiconductor's corporate headquarters in San Jose, California.

Cypress Semiconductor Corporation engineers high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and exceptional system value. Cypress' offerings include its flagship PSoC 1, PSoC 3, PSoC 4 and PSoC 5LP programmable system-on-chip families. Cypress produces capacitive user interface solutions including CapSense touch sensing, TrueTouch touchscreens, and trackpad solutions for notebook PCs and peripherals. Cypress also produces Universal Serial Bus (USB) controllers. Cypress Semiconductor Corporation was established in 1982 and is headquartered in San Jose, California.


DEAL STATS #
Overall 13 of 16
Sector (Semiconductors) 11 of 13
Type (Add-on Acquisition) 13 of 14
State (Colorado) 1 of 2
Country (United States) 13 of 15
Year (2009) 1 of 1
Size (of disclosed) 6 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-14 SMaL Camera Technologies

Cambridge, Massachusetts, United States

SMaL Camera Technologies, Inc. designer and manufacturer of sensors and controls for global leaders in the automotive, appliance, aircraft, industrial and HVAC markets.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-27 Cypress Semiconductor - CMOS Image Sensor Business Unit

San Jose, California, United States

Cypress Semiconductor - CMOS Image Sensor Business Unit (ISBU) is a high-performance custom and standard CMOS image sensors are used in multi-megapixel digital photography and cinematography, machine vision, linear and two dimensional (2D) bar code imaging, medical x-ray imaging, biometrics and aerospace applications.

Sell $31M