M&A Deal Summary

Integrated Device Technology Acquires Fox Electronics

On April 30, 2012, Integrated Device Technology acquired semiconductors company Fox Electronics for 30M USD

Acquisition Highlights
  • This is Integrated Device Technology’s 11th transaction in the Semiconductors sector.
  • This is Integrated Device Technology’s 8th largest (disclosed) transaction.
  • This is Integrated Device Technology’s 12th transaction in the United States.
  • This is Integrated Device Technology’s 1st transaction in Florida.
Investment Fate
  • Fox Electronics was divested to a consortium of strategic buyers in 2020.

M&A Deal Summary

Date 2012-04-30
Target Fox Electronics
Sector Semiconductors
Buyer(s) Integrated Device Technology
Deal Type Add-on Acquisition
Deal Value 30M USD

Target

Fox Electronics

Fort Myers, Florida, United States
Fox Electronics, is a manufacturer of high-precision, high-reliability frequency control products to the electronics market, with more than 10,000 customers worldwide. Fox Electronics was founded in 1979 and is based in Fort Myers, Florida.

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Buyer(S) 1

Buyer

Integrated Device Technology

San Jose, California, United States

Category Company
Founded 1980
Sector Semiconductors
Employees1,821
Revenue 843M USD (2018)
DESCRIPTION
Entrance to Integrated Device Technology's corporate headquarters in San Jose, California.
Entrance to Integrated Device Technology's corporate headquarters in San Jose, California.

Integrated Device Technology, Inc. is a provider of semiconductor solutions for advanced network services. IDT serves communications equipment vendors by applying its hardware, software and memory technologies to create flexible, highly integrated products that enhance the functionality and processing of network equipment. Integrated Device Technology, Inc. was formed in 1980 and is based in San Jose, California.


DEAL STATS #
Overall 14 of 16
Sector: Semiconductors M&A 11 of 13
Type: Add-on Acquisition M&A Deals 10 of 12
State: Florida M&A 1 of 1
Country: United States M&A 12 of 13
Year: 2012 M&A 2 of 2
Size (of disclosed) 8 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-16 Alvand Technologies

Santa Clara, California, United States

Alvand Technologies, Inc., is a fabless semiconductor company that specializes in high-performance, high-speed analog and RF silicon solutions for wireless and wired communications. Alvand products and technologies enable advanced communications, networking and consumer applications such as Mobile TV (DVB-H), high-definition television (HDTV) and 10 Gigabit Ethernet.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-07 IDTI - Smart Metering IC Product Lines

United States

Smart Metering IC Product Lines of Integrated Device Technology, Inc. includes IDT’s Metrology Analog Front End (AFE) and System-On-Chip (SoC) devices for single- and poly-phase energy meters.

Sell -