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M&A Deal Summary

Elpis Technologies Acquires International Business Machines - Patents

On February 2, 2020, Elpis Technologies acquired semiconductors company International Business Machines - Patents

Acquisition Highlights
  • This is Elpis Technologies’ 1st transaction in the Semiconductors sector.
  • This is Elpis Technologies’ 1st transaction in the United States.
  • This is Elpis Technologies’ 1st transaction in New York.

M&A Deal Summary
Date 2020-02-02
Target International Business Machines - Patents
Sector Semiconductors
Buyer(s) Elpis Technologies
Deal Type Divestiture

Target

International Business Machines - Patents

Armonk, New York, United States
International Business Machines Corp.'s Patents is a provider of semiconductor manufacturing process technologies. International Business Machines Corp.'s Patents is based in Armonk, New York.

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Buyer(S) 1

Buyer

Elpis Technologies

Kitchener, Ontario, Canada
Category Company
Sector Information Technology
DESCRIPTION

Elpis Technologies, Inc. is a provider of IT Services. Elpis Technologies Inc. is based in Ontario, Canada.

DEAL STATS #
Overall 1 of 1
Sector: Semiconductors M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
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