M&A Deal Summary

Microchip Acquires Roving Networks

On April 19, 2012, Microchip acquired semiconductors company Roving Networks

Acquisition Highlights
  • This is Microchip’s 2nd transaction in the Semiconductors sector.
  • This is Microchip’s 4th transaction in the United States.
  • This is Microchip’s 3rd transaction in California.

M&A Deal Summary

Date 2012-04-19
Target Roving Networks
Sector Semiconductors
Buyer(s) Microchip
Deal Type Add-on Acquisition

Target

Roving Networks

Los Gatos, California, United States
Roving Networks is a privately held, fabless semiconductor developer of Wi-Fi certified transceivers and FCC certified Wi-Fi and Bluetooth modules. The terms of the deal are confidential, and the transaction is expected to be immediately accretive on a non-GAAP basis.

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Buyer(S) 1

Buyer

Microchip

Chandler, Arizona, United States

Category Company
Founded 1989
Sector Semiconductors
Employees22,300
Revenue 7.6B USD (2024)
DESCRIPTION
Entrance to Microchip's corporate headquarters in Chandler, Arizona.
Entrance to Microchip's corporate headquarters in Chandler, Arizona.

Microchip develops, manufactures, and sells specialized semiconductor products used by customers for a wide variety of embedded control applications. Microchip's product portfolio comprises general purpose and specialized 8-bit, 16-bit, and 32-bit microcontrollers, a broad spectrum of high-performance linear, mixed-signal, power management, thermal management, RF, safety, security, wired connectivity and wireless connectivity devices, as well as serial EEPROMs, Serial Flash memories, Parallel Flash memories and serial SRAM memories. Microchip was founded in 1989 and is based in Chandler, Arizona.


DEAL STATS #
Overall 5 of 13
Sector: Semiconductors M&A 2 of 9
Type: Add-on Acquisition M&A Deals 5 of 13
State: California M&A 3 of 7
Country: United States M&A 4 of 10
Year: 2012 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-08 Silicon Storage Technology

San Jose, California, United States

Silicon Storage Technology, Inc. (SST), is the creator of SuperFlash®, an innovative, highly reliable and versatile type of NOR Flash memory. SST focuses on licensing embedded NVM technology to Foundries, IDMs and Fabless companies.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-02 Standard Microsystems

Hauppauge, New York, United States

Standard Microsystems Corporation designs and distributes silicon-based integrated circuits that utilize analog and mixed-signal technologies.

Buy -