M&A Deal Summary

Intel Acquires Habana Labs

On December 16, 2019, Intel acquired software company Habana Labs for 2.0B USD

Acquisition Highlights
  • This is Intel’s 25th transaction in the Software sector.
  • This is Intel’s 5th largest (disclosed) transaction.
  • This is Intel’s 6th transaction in Israel.

M&A Deal Summary

Date 2019-12-16
Target Habana Labs
Sector Software
Buyer(s) Intel
Deal Type Add-on Acquisition
Deal Value 2.0B USD

Target

Habana Labs

Tel Aviv, Israel
Habana Labs is an Israel-based developer of programmable deep learning accelerators for the data center. Habana’s Gaudi AI Training Processor is currently sampling with select hyperscale customers. Large-node training systems based on Gaudi are expected to deliver up to a 4x increase in throughput versus systems built with the equivalent number of GPUs. Gaudi is designed for efficient and flexible system scale-up and scale-out.

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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 89 of 97
Sector: Software M&A 25 of 29
Type: Add-on Acquisition M&A Deals 76 of 83
Country: Israel M&A 6 of 9
Year: 2019 M&A 2 of 2
Size (of disclosed) 5 of 29
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-25 Intel - Smartphone Modem Business

Santa Clara, California, United States

Intel Corp. - Smartphone Modem Business provides wireless technology patents, ranging from protocols for cellular standards to modem architecture and modem operation.

Sell $1.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-06 Intel - Home Gateway Platform Division

Santa Clara, California, United States

Intel's Home Gateway Platform Division comprises Wi-Fi Access Points, Ethernet and Home Gateway SoC products deployed across operator and retail markets.

Sell $150M