M&A Deal Summary

Infineon Technologies Acquires SensoNor ASA

On May 20, 2003, Infineon Technologies acquired electrical equipment company SensoNor ASA for 13M EUR

Acquisition Highlights
  • This is Infineon Technologies’ 1st transaction in the Electrical Equipment sector.
  • This is Infineon Technologies’ 9th largest (disclosed) transaction.
  • This is Infineon Technologies’ 1st transaction in Norway.

M&A Deal Summary

Date 2003-05-20
Target SensoNor ASA
Sector Electrical Equipment
Buyer(s) Infineon Technologies
Deal Type Add-on Acquisition
Deal Value 13M EUR

Target

SensoNor ASA

Horten, Norway
SensoNor ASA is a provider of tire pressure and acceleration sensors. SensoNor’s tire pressure sensors have already been fully qualified by leading car manufacturers with whom long-term supply agreements have been concluded.

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Buyer(S) 1

Buyer

Infineon Technologies

Munich, Germany

Category Company
Sector Semiconductors
Employees59,364
Revenue 16.3B EUR (2023)
DESCRIPTION

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


DEAL STATS #
Overall 8 of 18
Sector (Electrical Equipment) 1 of 2
Type (Add-on Acquisition) 4 of 10
Country (Norway) 1 of 1
Year (2003) 2 of 2
Size (of disclosed) 9 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-03-06 MorphICs Technology

Campbell, California, United States

MorphICs is a privately held fabless semiconductor company with 30 employees. It is an innovative developer of configurable digital baseband circuits for terminal devices and basestations for 3rd-generation (3G) wireless communications. MorphICs’ core technology permits extremely efficient implementation of programmable multi-standard platforms for 3G/WLAN systems. The company is currently sampling its basestation signal processor product, which is entering trials in commercial networks, and is developing technology that enables efficient multi-network operation of terminals.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-01-28 ADMtek

Hsinchu, Taiwan

ADMtek has been founded in 1997 and is a fabless integrated circuits (IC) design company specialized in networking and communication with a broad customer portfolio including key ODMs and OEMs particularly in Asia. It is headquartered in Hsinchu Science-Based Industrial Park, the "Silicon Valley" of Taiwan.

Buy €80M