1. Home >
  2. M&A >
  3. Joint Venture >
  4. France >
  5. IBM and Infineon Technologies Acquire Altis Semiconductor SNC

M&A Deal Summary

IBM and Infineon Technologies Acquire Altis Semiconductor SNC

On January 1, 1999, IBM and Infineon Technologies acquired semiconductors company Altis Semiconductor SNC

Acquisition Highlights
  • This is IBM’s 2nd and Infineon Technologies’ 2nd transaction in the Semiconductors sector.
  • This is IBM’s 1st and Infineon Technologies’ 1st transaction in France.
Investment Fate
  • Altis Semiconductor SNC was divested to a consortium of strategic buyers in 2007.

M&A Deal Summary
Date 1999-01-01
Target Altis Semiconductor SNC
Sector Semiconductors
Buyer(s) IBM
Infineon Technologies
Deal Type Joint Venture

Target

Altis Semiconductor SNC

Corbeil Essonnes, France
Altis Semiconductor SNC is a manufacturer of semiconductor components for communications, automotive and security applications in 250 to 130 nanometer technologies.

Search 205,333 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

Buyer

IBM

Armonk, New York, United States
Category Company
Founded 1911
Sector Information Technology
Employees282,200
Revenue 61.9B USD (2023)
DESCRIPTION
Entrance to IBM's corporate headquarters in Armonk, New York.
Entrance to IBM's corporate headquarters in Armonk, New York.

IBM is a global provider of information technology products and services. IBM's products and services include IT infrastructure and business process services, cloud computing, business analytics, and enterprise software. IBM was formed in 1911 and is based in Armonk, New York.

DEAL STATS #
Overall 6 of 200
Sector (Semiconductors) 2 of 2
Type (Joint Venture) 1 of 2
Country (France) 1 of 4
Year (1999) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-10-26 Wallop Software - Wallop Build-IT

Foster City, California, United States

Wallop Build-IT is a Web content assembly and management tool from Wallop Software, Inc.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-02-28 IBM’s ECAT operation

Rochester, Minnesota, United States

Sell -
Buyer

Infineon Technologies

Munich, Germany
Category Company
Sector Semiconductors
Employees59,364
Revenue 16.3B EUR (2023)
DESCRIPTION

Infineon Technologies offers semiconductors and system solutions for automotive and industrial electronics and chip card and security applications. Infineon Technologies is based in Munich, Germany.

DEAL STATS #
Overall 2 of 18
Sector (Semiconductors) 2 of 12
Type (Joint Venture) 2 of 3
Country (France) 1 of 1
Year (1999) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-01-01 Osram Opto Semiconductors

Regensburg, Germany

Osram Opto Semiconductors GmbH & Co. engages in the research, development, and manufacture of optoelectronic semiconductors. Osram Opto Semiconductors operates facilities in Regensburg (Germany), San José (USA) and Penang (Malaysia). Production is currently being strongly expanded: In June, the foundation stone was laid for a new LED chip factory in Regensburg, which is due to start production at the end of 2002. Capacities for LED assembly in Malaysia were doubled during the current fiscal year.

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

Sunnyvale, California, United States

Ardent Technologies, Inc. is a semiconductor company developing high integration silicon devices for the networking and communications market. Ardent's initial products are targeted at the gigabit connectivity solutions in enterprise LAN and WAN applications. The company recently announced GeNX2000, its first product family of high performance, high bandwidth, gigabit ready switching devices for building mainstream enterprise LAN switches.

Buy $42M
Mergr

Product

Company

Legal