M&A Deal Summary

Intel Acquires Software & Silicon Systems Pvt.

On February 3, 2000, Intel acquired technology hardware company Software & Silicon Systems Pvt. from Thinkit Technologies

Acquisition Highlights
  • This is Intel’s 8th transaction in the Technology Hardware sector.
  • This is Intel’s 1st transaction in India.

M&A Deal Summary

Date 2000-02-03
Target Software & Silicon Systems Pvt.
Sector Technology Hardware
Buyer(s) Intel
Sellers(s) Thinkit Technologies
Deal Type Divestiture

Target

Software & Silicon Systems Pvt.

Bangalore, India
Software & Silicon Systems Pvt. Ltd. provides Software & Silicon Systems Pvt. Ltd.

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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 17 of 97
Sector: Technology Hardware M&A 8 of 30
Type: Divestiture M&A Deals 1 of 9
Country: India M&A 1 of 2
Year: 2000 M&A 2 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-02-03 Thinkit Technologies

United States

Thinkit Technologies, Inc. provides communications chip design facilities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-02-10 Ambient Technologies

Fremont, California, United States

Ambient Technologies, Inc., develops highly integrated digital subscriber line (DSL) silicon solutions and analog modems designed to bring high-speed Internet access to home users and small businesses.

Buy $150M

Seller(S) 1

SELLER

Thinkit Technologies

United States

Category Company
Sector Technology Hardware
DESCRIPTION

Thinkit Technologies, Inc. provides communications chip design facilities.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2000 M&A 1 of 1