M&A Deal Summary

indie Semiconductor Acquires Symeo

On October 25, 2021, indie Semiconductor acquired technology hardware company Symeo from Analog Devices

Acquisition Highlights
  • This is indie Semiconductor’s 1st transaction in the Technology Hardware sector.
  • This is indie Semiconductor’s 1st transaction in Germany.

M&A Deal Summary

Date 2021-10-25
Target Symeo
Sector Technology Hardware
Buyer(s) indie Semiconductor
Sellers(s) Analog Devices
Deal Type Divestiture

Target

Symeo

Munich, Germany
Symeo specializes in RADAR hardware and software for emerging autonomous automotive and industrial applications. Symeo is based in Munich, Germany.

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Buyer(S) 1

Buyer

indie Semiconductor

Aliso Viejo, California, United States

Category Company
Founded 2007
Sector Semiconductors
Employees920
Revenue 217M USD (2024)
DESCRIPTION

indie Semiconductor designs and manufactures custom, microcontroller-based chips, using ARM cores. indie is empowering the Autotech revolution with next-generation automotive semiconductors and software platforms. indie Semiconductor was founded in 2007 and is based in Aliso Viejo, California.


DEAL STATS #
Overall 2 of 6
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 2
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-31 TeraXion

Québec, Quebec, Canada

TeraXion is a manufacturer of innovative photonic components that incorporate fiber Bragg gratings, low noise lasers, and integrated photonics. Its unique expertise and its ability to develop and transform technology into leading-edge products make it a prime partner for its clients: key companies in light and heavy manufacturing, telecommunications, medical equipment, aerospace, and defense. TeraXion was founded in 2000 and is based in Quebec City.

Buy $159M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-09 GEO Semiconductor

San Jose, California, United States

GEO Semiconductor is a private fabless semiconductor company developing camera video processors for automotive viewing and ADAS cameras. GEO Semiconductor is based in San Jose, California.

Buy -

Seller(S) 1

SELLER

Analog Devices

Wilmington, Massachusetts, United States

Category Company
Founded 1965
Sector Semiconductors
Employees24,000
Revenue 9.4B USD (2024)
DESCRIPTION
Entrance to Analog Devices' office in San Jose, California.
Entrance to Analog Devices' office in San Jose, California.

Analog Devices designs, manufactures, and markets a broad portfolio of high-performance analog, mixed-signal, and digital signal processing integrated circuits used in virtually all types of electronic equipment. Analog Devices was founded in 1965 and is based in Wilmington, Massachusetts.


DEAL STATS #
Overall 4 of 4
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 3 of 3
Country: Germany M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-27 Invecas - High Definition Multimedia Interface Business

Santa Clara, California, United States

Invecas's High Definition Multimedia Interface (HDMI) Businesstechnology helps shape the future of all HDMI connected technologies, such as HDMI 2.1 feature sets and lower power consumption for business, professional, consumer and automotive video applications,

Buy -