M&A Deal Summary

Intel Acquires Ford Microelectronics

On June 26, 2000, Intel acquired automotive company Ford Microelectronics from Visteon

Acquisition Highlights
  • This is Intel’s 1st transaction in the Automotive sector.
  • This is Intel’s 22nd transaction in the United States.
  • This is Intel’s 1st transaction in Colorado.

M&A Deal Summary
Date 2000-06-26
Target Ford Microelectronics
Sector Automotive
Buyer(s) Intel
Sellers(s) Visteon
Deal Type Divestiture

Target

Ford Microelectronics

Colorado, United States
FMI was formed in 1982 and designs and for automotive applications.

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Buyer(S) 1

Buyer

Intel

Santa Clara, California, United States
Category Company
Founded 1968
Sector Semiconductors
Employees130,700
Revenue 54.2B USD (2023)
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 24 of 97
Sector (Automotive) 1 of 1
Type (Divestiture) 3 of 9
State (Colorado) 1 of 1
Country (United States) 22 of 62
Year (2000) 9 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-04-10 Picazo Communications

San Jose, California, United States

San Jose, Calif.-based Picazo currently provides proprietary hardware and software that combines functions such as voice mail, call center and auto attendant capabilities on the same server platform. The company's computer telephony products are primarily sold through resellers to small and medium-size business customers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-08-10 DataKinetics /UK/

Fordingbridge, United Kingdom

DataKinetics Ltd. is a supplier of a complete family of Signaling System 7 (SS7) hardware and software products.

Buy -

Seller(S) 1

SELLER

Visteon

Van Buren Township, Michigan, United States
Category Company
Founded 2000
Sector Automotive
Employees10,000
Revenue 4.0B USD (2023)
DESCRIPTION
Entrance to Visteon's campus in Van Buren Township, Michigan.
Entrance to Visteon's campus in Van Buren Township, Michigan.

Visteon is a global supplier of climate, electronics and interiors systems, modules and components to automotive original equipment manufacturers. The Company has an international network of manufacturing operations, technical centers and joint venture operations. Visteon was founded in 2000 and is based in Van Buren Township, Michigan.

DEAL STATS #
Overall 1 of 5
Sector (Automotive) 1 of 3
Type (Divestiture) 1 of 5
State (Colorado) 1 of 1
Country (United States) 1 of 3
Year (2000) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-04-09 Visteon Corp - Restraint Electronics Business

United States

Visteon Corp - Restraint Electronics Business is a provider of electronic products.

Sell -
Mergr

Product

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