M&A Deal Summary

GENICOM Acquires Texas Instruments - Printer & Related Supplies Business

On July 23, 1996, GENICOM acquired technology hardware company Texas Instruments - Printer & Related Supplies Business from Texas Instruments

Acquisition Highlights
  • This is GENICOM’s 1st transaction in the Technology Hardware sector.
  • This is GENICOM’s 1st transaction in the United States.

M&A Deal Summary

Date 1996-07-23
Target Texas Instruments - Printer & Related Supplies Business
Sector Technology Hardware
Buyer(s) GENICOM
Sellers(s) Texas Instruments
Deal Type Divestiture

Target

Texas Instruments - Printer & Related Supplies Business

United States
Texas Instruments - Printer & Related Supplies Business includes OMNI 800( impact printers, travel document printers, and the microLaser( line of non-impact printers, as well as supplies and consumables.

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Buyer(S) 1

Buyer

GENICOM

Chantilly, Virginia, United States

Category Company
Sector Technology Hardware
Employees1,511
DESCRIPTION

GENICOM Corporation is an international supplier of printer solutions, multivendor services, and network management services. Document Solutions designs and markets a wide range of computer printer technologies for general purpose applications.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 1996 M&A 1 of 1

Seller(S) 1

SELLER

Texas Instruments

Dallas, Texas, United States

Category Company
Founded 1930
Sector Semiconductors
Employees34,000
Revenue 15.6B USD (2024)
DESCRIPTION
Entrance to Texas Instruments' corporate headquarters in Dallas, Texas.
Entrance to Texas Instruments' corporate headquarters in Dallas, Texas.

Texas Instruments is a semiconductor design and manufacturing company that develops analog ICs and embedded processors. Texas Instruments was formed in 1930 and is based in Dallas, Texas.


DEAL STATS #
Overall 2 of 12
Sector: Technology Hardware M&A 1 of 4
Type: Divestiture M&A Deals 2 of 12
Country: United States M&A 2 of 12
Year: 1996 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-06-04 Silicon Systems

Tustin, California, United States

Silicon Systems, Inc. is a provider of advanced semiconductor solutions for hard disk drives, tape drives, high density floppy disk drives, and optical disk drives.

Buy $575M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1997-01-06 Texas Instruments - Defense Systems & Electronics Business

Lewisville, Texas, United States

Texas Instruments - Defense Systems & Electronics Business is a premier supplier of advanced defense systems, including precision-guided weapons, anti-radiation and strike missiles, airborne radar, night vision systems and electronic warfare systems.

Sell $3.0B