M&A Deal Summary

Intel Acquires GIGA A/S

On March 15, 2000, Intel acquired semiconductors company GIGA A/S for 1.3B USD

Acquisition Highlights
  • This is Intel’s 6th transaction in the Semiconductors sector.
  • This is Intel’s 8th largest (disclosed) transaction.
  • This is Intel’s 1st transaction in Denmark.

M&A Deal Summary

Date 2000-03-15
Target GIGA A/S
Sector Semiconductors
Buyer(s) Intel
Deal Type Add-on Acquisition
Deal Value 1.3B USD

Target

GIGA A/S

Copenhagen, Denmark
GIGA specializes in the design of advanced high-speed communications chips used in the optical networking and communications products that direct traffic across the Internet and corporate networks.

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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 20 of 97
Sector: Semiconductors M&A 6 of 20
Type: Add-on Acquisition M&A Deals 16 of 83
Country: Denmark M&A 1 of 1
Year: 2000 M&A 5 of 11
Size (of disclosed) 8 of 29
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-02-24 Voice Technologies Group

Buffalo, New York, United States

Voice Technologies Group, Inc. provides products include Solar Desktop CT, a PC board accessible to TAPI application for access Internet, Intranet, and cyber technology to create the virtual office.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-03-21 Basis Communications

Fremont, California, United States

Basis Communications Corp. is a designer and marketer of advanced semiconductors and other products used in equipment that directs traffic across the Internet and corporate networks.

Buy $450M