M&A Deal Summary

Intersil Acquires Elantec Semiconductor

On March 20, 2002, Intersil acquired semiconductors company Elantec Semiconductor for 1.2B USD

Acquisition Highlights
  • This is Intersil’s 2nd transaction in the Semiconductors sector.
  • This is Intersil’s largest (disclosed) transaction.
  • This is Intersil’s 1st transaction in the United States.
  • This is Intersil’s 1st transaction in California.

M&A Deal Summary
Date 2002-03-20
Target Elantec Semiconductor
Sector Semiconductors
Buyer(s) Intersil
Deal Type Add-on Acquisition
Deal Value 1.2B USD

Target

Elantec Semiconductor

Milpitas, California, United States
Elantec, Milpitas, Calif., brings to the table experience in flat-panel-display devices and optical-storage ICs. Irvine, Calif.-based Intersil's strengths are in WLAN chipsets and power management devices. According to Williams and Beyer, the new company is positioned to capitalize on skyrocketing demand in four hot markets: recordable DVD , 802.11 WLAN, Pentium 4 power management, and flat-panel displays.

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Buyer(S) 1

Buyer

Intersil

Milpitas, California, United States
Category Company
Sector Semiconductors
Employees1,027
Revenue 521M USD (2016)
DESCRIPTION

Intersil Corp. is a provider of innovative power management and precision analog solutions. The company's products form the building blocks of increasingly intelligent, mobile and power hungry electronics enabling advances in power management to improve efficiency and extend battery life. With a deep portfolio of intellectual property and a rich history of design and process innovation, Intersil is the trusted partner to leading companies in some of the world's largest markets, including the industrial and infrastructure, mobile computing, automotive and aerospace.

DEAL STATS #
Overall 2 of 12
Sector (Semiconductors) 2 of 12
Type (Add-on Acquisition) 2 of 12
State (California) 1 of 6
Country (United States) 1 of 10
Year (2002) 1 of 1
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-22 Intersil - Discrete Power Business

Milpitas, California, United States

Intersil - Discrete Power Business is a valuable range of discrete power patents.

Sell $338M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-14 Xicor

Milpitas, California, United States

Xicor designs, develops and markets high performance analog mixed-signal integrated circuits used in communications, computing, networking and industrial applications. Xicor's Mixed-Signal Products include data conversion products, power management integrated circuits, and application specific standard products and interface devices.

Buy $529M
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