1. Home >
  2. M&A >
  3. Joint Venture >
  4. Infineon Technologies and LS Electric Acquire LS Power Semitech Co.

M&A Deal Summary

Infineon Technologies and LS Electric Acquire LS Power Semitech Co.

On January 1, 2009, Infineon Technologies and LS Electric acquired electrical equipment company LS Power Semitech Co.

Acquisition Highlights
  • This is Infineon Technologies’ 2nd and LS Electric’s 1st transaction in the Electrical Equipment sector.
  • This is Infineon Technologies’ 1st and LS Electric’s 1st transaction in South Korea.

M&A Deal Summary
Date 2009-01-01
Target LS Power Semitech Co.
Sector Electrical Equipment
Buyer(s) Infineon Technologies
LS Electric
Deal Type Joint Venture

Target

LS Power Semitech Co.

Cheonan, South Korea
LS Power Semitech is a Korea-based supplier of IPMs With its headquarter and development activities based in Seoul and its manufacturing site located at Cheonan, Korea, LS Power Semitech is well positioned to serve the large domestic Korean, Chinese and global consumer white goods markets, serving all major brands in home appliances.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 2

Buyer

Infineon Technologies

Neubiberg, Germany
Category Company
Founded 1999
Sector Semiconductors
Employees56,371
Revenue 15.0B EUR (2024)
DESCRIPTION

Infineon Technologies offers semiconductors and system solutions for automotive and industrial electronics and chip card and security applications. Infineon Technologies was founded in 1999 and is based in Neubiberg, Germany.

DEAL STATS #
Overall 13 of 19
Sector: Electrical Equipment M&A 2 of 2
Type: Joint Venture M&A Deals 3 of 3
Country: South Korea M&A 1 of 1
Year: 2009 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-30 Infineon - Bulk Acoustic Wave Business

Munich, Germany

Infineon’s bulk acoustic wave (BAW) business is a provider of high precision RF filtering for wireless applications.

Sell €22M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-07 Lantiq

Neubiberg, Germany

Lantiq is a provider of broadband and voice telephony semiconductor solutions. The Company’s products enable applications ranging from high-speed VDSL and GPON fiber-to-the-home to traditional voice telephony for carrier and enterprise-based networks. Lantiq is the re-branded Wireline Communications Division of Infineon Technologies, the former semiconductor division of Siemens AG. The company is headquartered in Neubiberg, Germany.

Sell €250M
Buyer

LS Electric

Anyang-Si, South Korea
Category Company
Founded 1974
Sector Electrical Equipment
Employees3,153
Revenue 4.55T KRW (2024)
DESCRIPTION

LS Electric is a designer and manufacturer of AC drives and control products, PLC, HMI, industrial motor control, and circuit protection products. LS Electric was founded in 1974 and is based in Anyang, South Korea.

DEAL STATS #
Overall 1 of 2
Sector: Electrical Equipment M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
Country: South Korea M&A 1 of 1
Year: 2009 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-04 LS Energy Solutions

Charlotte, North Carolina, United States

LS Energy Solutions LLC is a global energy solutions company offering a total solution with key technologies in global-level ESS system, PCS design, manufacturing, implementation, and service.

Buy -
Mergr

Solution for

Product

Company

Legal