M&A Deal Summary

Methode Electronics Acquires TouchSensor Technologies

On March 1, 2007, Methode Electronics acquired semiconductors company TouchSensor Technologies from Gemtron for 65M USD

Acquisition Highlights
  • This is Methode Electronics’ 2nd transaction in the Semiconductors sector.
  • This is Methode Electronics’ 3rd largest (disclosed) transaction.
  • This is Methode Electronics’ 7th transaction in the United States.
  • This is Methode Electronics’ 1st transaction in Illinois.

M&A Deal Summary
Date 2007-03-01
Target TouchSensor Technologies
Sector Semiconductors
Buyer(s) Methode Electronics
Sellers(s) Gemtron
Deal Type Divestiture
Deal Value 65M USD

Target

TouchSensor Technologies

Wheaton, Illinois, United States
TouchSensor Technologies LLC is a designer and manufacturer of touch-sensitive user interface panels found on products such as home appliances, commercial beverage dispensers and automobiles.

Search 200,291 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) 1

Buyer

Methode Electronics

Chicago, Illinois, United States
Category Company
Founded 1946
Sector Electronics
Employees7,500
Revenue 1.1B USD (2024)
DESCRIPTION

Methode Electronics is a global developer of custom engineered and application specific products and solutions with manufacturing, design and testing facilities in China, Egypt, Germany, India, Italy, Lebanon, Malta, Mexico, the Philippines, Singapore, Switzerland, the United Kingdom and the United States. Methode Electronics was founded in 1946 and is based in Chicago, Illinois.

DEAL STATS #
Overall 7 of 14
Sector (Semiconductors) 2 of 2
Type (Divestiture) 2 of 3
State (Illinois) 1 of 3
Country (United States) 7 of 11
Year (2007) 1 of 2
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-03-16 Cableco Technologies

San Jose, California, United States

Cableco Technologies Corp. is a designer and manufacturer of high-current, flexible cabling systems for electronic and electrical applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-06 Value Engineered Products

Rolling Meadows, Illinois, United States

Value Engineered Products, Inc. is a thermal-management solutions company.

Buy -

Seller(S) 1

SELLER

Gemtron

Taipei, Taiwan
Category Company
Founded 1988
Sector Electrical Equipment
DESCRIPTION

Gemtron Corp. is a designer and manufacturer of engineers can manage every aspect of your manufacturing and design requirements.

DEAL STATS #
Overall 1 of 1
Sector (Semiconductors) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2007) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal