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  5. MEMSCAP Acquires GalayOr Networks

M&A Deal Summary

MEMSCAP Acquires GalayOr Networks

On August 29, 2003, MEMSCAP acquired electrical equipment company GalayOr Networks

Acquisition Highlights
  • This is MEMSCAP’s 2nd transaction in the Electrical Equipment sector.
  • This is MEMSCAP’s 1st transaction in Israel.

M&A Deal Summary
Date 2003-08-29
Target GalayOr Networks
Sector Electrical Equipment
Buyer(s) MEMSCAP
Deal Type Add-on Acquisition

Target

GalayOr Networks

Lod, Israel
GalayOr Networks developer of on-chip integrated micro-optical components and packaging solutions based on unique moving-waveguide technology.

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Buyer(S) 1

Buyer

MEMSCAP

Crolles, France
Category Company
Founded 1997
Sector Semiconductors
Employees59
Revenue 13M EUR (2024)
DESCRIPTION

MEMSCAP provides innovative products and solutions based on micro-electro-mechanical systems as well as MEMS contract manufacturing services. MEMSCAP was founded in 1997 and is based in Crolles, France.

DEAL STATS #
Overall 3 of 6
Sector: Electrical Equipment M&A 2 of 3
Type: Add-on Acquisition M&A Deals 1 of 4
Country: Israel M&A 1 of 1
Year: 2003 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-07-31 Cronos Integrated Microsystems

North Carolina, United States

Cronos Integrated Microsystems, Inc. is a provider of optical MEMS (micro-electro-mechanical systems) devices to the telecommunications industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-10-27 Opsitech SA

Grenoble, France

Opsitech SA designs and manufactures integrated optics.

Buy -
Mergr

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