M&A Deal Summary

Intel Acquires West Bay Semiconductor

On July 8, 2003, Intel acquired semiconductors company West Bay Semiconductor

Acquisition Highlights
  • This is Intel’s 9th transaction in the Semiconductors sector.
  • This is Intel’s 1st transaction in Canada.
  • This is Intel’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2003-07-08
Target West Bay Semiconductor
Sector Semiconductors
Buyer(s) Intel
Deal Type Add-on Acquisition

Target

West Bay Semiconductor

Vancouver, British Columbia, Canada
West Bay Semiconductor, based in Vancouver, Canada, designs high-speed and high-density networking chips that enable voice and data transport over synchronous optical networking/synchronous digital hierarchy (SONET/SDH)-based optical networks.

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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 34 of 97
Sector (Semiconductors) 9 of 20
Type (Add-on Acquisition) 29 of 83
State (British Columbia) 1 of 2
Country (Canada) 1 of 5
Year (2003) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-09-17 Sparkolor

Santa Clara, California, United States

Sparkolor Corporation, a developer of tunable optical networking components and modules.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-11-08 Mobilian

Hillsboro, Oregon, United States

Mobilian Corp. had developed a product called TrueRadio, a chipset that enabled a desktop or laptop computer to simultaneously communicate with a local-area network via the WiFi, or 802.11b, standard, and with devices such as a wireless mouse or handheld computer via Bluetooth, the "cable-replacement" standard, without interference between the two wireless signals

Buy -
Mergr

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