Add-on Acquisition • Electrical Equipment

Hittite Microwave Acquires Keragis

On May 1, 2014, Hittite Microwave acquired electrical equipment company Keragis

Acquisition Context
  • This is Hittite Microwave’s 1st transaction in the Electrical Equipment sector.
  • This is Hittite Microwave’s 1st transaction in the United States.
  • This is Hittite Microwave’s 1st transaction in California.

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M&A Deal Summary

Date May 1, 2014
Target Keragis
Sector Electrical Equipment
Buyer(s) Hittite Microwave
Deal Type Add-on Acquisition

Target Company

Keragis

Poway, California, United States
Keragis Corporation is a provider of extremely high power, wideband amplifier modules.
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Buyer Overview 1

Buyer

Hittite Microwave

Chelmsford, Massachusetts, United States

Category Company
Sector Semiconductors
DESCRIPTION

Hittite Microwave Corp. is a designer, developer, and manufacturer of high-performance integrated circuits for wireless and wireline communications systems.


Deal Context for Buyer #
Overall 2 of 2
Sector: Electrical Equipment 1 of 1
Type: Add-on Acquisition 2 of 2
State: California 1 of 1
Country: United States 1 of 1
Year: 2014 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-19 Arctic Silicon Devices AS

Tiller, Norway

Arctic Silicon Devices is a private fabless semiconductor company based in Trondheim, Norway previously owned by the employees, Incitia Ventures and ProVenture. Arctic Silicon Devices aims to be a preferred partner for leading companies within high performance applications providing state-of-the-art Front End ICs like Data Converter Standard Products or Application Specific Standard Products based on data converter cores. The ASD products include ultra low power dissipation, ease of use, and cost efficiency, while maintaining state-of-the-art performance.

Buy $12M