M&A Deal Summary

Intevac Acquires Oerlikon - Magnetic Media Equipment Business

On June 26, 2008, Intevac acquired technology hardware company Oerlikon - Magnetic Media Equipment Business from Oerlikon

Acquisition Highlights
  • This is Intevac’s 2nd transaction in the Technology Hardware sector.
  • This is Intevac’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2008-06-26
Target Oerlikon - Magnetic Media Equipment Business
Sector Technology Hardware
Buyer(s) Intevac
Sellers(s) Oerlikon
Deal Type Divestiture

Target

Oerlikon - Magnetic Media Equipment Business

Switzerland
Oerlikon's magnetic media equipment assets and IP enables Intevac to utilize Oerlikon's developed technology and product solutions on Intevac systems. Support for Oerlikon's installed base customers will be continued by Intevac's global service organization.

Search 214,107 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Intevac

Santa Clara, California, United States

Category Company
Founded 1990
Sector Technology Hardware
Employees154
Revenue 53M USD (2023)
DESCRIPTION

Intevac is a provider of hard disk drive equipment products and photons solutions. Intevac was founded in 1990 and is based in Santa Clara, California.


DEAL STATS #
Overall 3 of 4
Sector: Technology Hardware M&A 2 of 3
Type: Divestiture M&A Deals 1 of 1
Country: Switzerland M&A 1 of 1
Year: 2008 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-29 Creative Display Systems

Carlsbad,, California, United States

Creative Display Systems that specializes in high-performance micro-display products for near-eye and portable applications in defense and commercial markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-19 Solar Implant Technologies

Mountain View, California, United States

SIT has developed a novel concept for a compact ion implant module to provide improved doping of silicon photovoltaic cells. Ion implant, a proven technology in semiconductor manufacturing, has recently been adapted for use in the manufacturing of photovoltaic cells to improve the conversion efficiency of silicon cells.

Buy -

Seller(S) 1

SELLER

Oerlikon

Pfäffikon, Switzerland

Category Company
Founded 1907
Sector Machinery
Employees12,620
Revenue 2.4B CHF (2024)
DESCRIPTION

Oerlikon is an industrial group that engineers innovative technologies and solutions to give products improved and more desirable functions. its high-tech solutions are designed for applications in growth markets, such as the automotive industry, aerospace, energy, the tooling industry and additive manufacturing. Oerlikon was founded in 1907 and is based in Pfäffikon, Switzerland.


DEAL STATS #
Overall 2 of 4
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 2 of 4
Country: Switzerland M&A 1 of 1
Year: 2008 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-12-01 Leybold Optics

Alzenau, Germany

Leybold Optics GmbH is a world leader in vacuum thin film technology and develops and manufactures deposition equipment for a broad range of applications including optics, architectural glass and solar.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-18 Trützschler Nonwovens & Man-Made Fibers - Staple Fibers Technology

Germany

Trützschler Nonwovens & Man-Made Fibers GmbH - Staple Fibers Technology comprises staple fibers technology.

Buy -