M&A Deal Summary

Intevac Acquires Solar Implant Technologies

On November 19, 2010, Intevac acquired technology hardware company Solar Implant Technologies

Acquisition Highlights
  • This is Intevac’s 3rd transaction in the Technology Hardware sector.
  • This is Intevac’s 3rd transaction in the United States.
  • This is Intevac’s 2nd transaction in California.

M&A Deal Summary

Date 2010-11-19
Target Solar Implant Technologies
Sector Technology Hardware
Buyer(s) Intevac
Deal Type Add-on Acquisition

Target

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.

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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 4 of 4
Sector: Technology Hardware M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
State: California M&A 2 of 2
Country: United States M&A 3 of 3
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-26 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.

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