M&A Deal Summary

Intel Acquires Ascending Technologies

On January 4, 2016, Intel acquired technology hardware company Ascending Technologies

Acquisition Highlights
  • This is Intel’s 28th transaction in the Technology Hardware sector.
  • This is Intel’s 3rd transaction in Germany.

M&A Deal Summary

Date 2016-01-04
Target Ascending Technologies
Sector Technology Hardware
Buyer(s) Intel
Deal Type Add-on Acquisition

Target

Ascending Technologies

Krailling, Germany
Ascending Technologies is UAS developer & manufacturer of technology for professional, civil & research UAV / drone use.

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Buyer(S) 1

Buyer

Intel

Santa Clara, California, United States

Category Company
Founded 1968
Sector Semiconductors
Employees108,900
Revenue 53.1B USD (2024)
DESCRIPTION
Entrance to Intel's corporate headquarters in Santa Clara, California.
Entrance to Intel's corporate headquarters in Santa Clara, California.

Intel is a multinational semiconductor chip maker. The Company's products are incorporated into desktop computers, wearables, servers, tablets, smartphones, and other devices. Intel was formed in 1968 and is based in Santa Clara, California.


DEAL STATS #
Overall 76 of 97
Sector: Technology Hardware M&A 28 of 30
Type: Add-on Acquisition M&A Deals 63 of 83
Country: Germany M&A 3 of 4
Year: 2016 M&A 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-28 Altera

San Jose, California, United States

Altera Corp. is a provider of programmable solutions for electronic systems. Altera supplies access to programmable logic, process technologies, IP cores and development tools.

Buy $16.7B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-08 Replay Technologies

Tel Aviv, Israel

Replay Technologies is a provider of high-tech replay services to sporting events. Replay’s freeD format uses high-resolution cameras and compute intensive graphics to let viewers experience sporting events from any angle.

Buy $175M