M&A Deal Summary

Micron Acquires Numonyx BV

On February 9, 2010, Micron acquired technology hardware company Numonyx BV from Francisco Partners for 1.3B USD

Acquisition Highlights
  • This is Micron’s 2nd transaction in the Technology Hardware sector.
  • This is Micron’s 2nd largest (disclosed) transaction.
  • This is Micron’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2010-02-09
Target Numonyx BV
Sector Technology Hardware
Buyer(s) Micron
Sellers(s) Francisco Partners
Deal Type Add-on Acquisition
Deal Value 1.3B USD

Target

Numonyx BV

Rolle, Switzerland
Numonyx is a leading provider of flash memory, formed through the combination of Intel Corporation’s NOR flash memory business unit and STMicroelectronics’ NOR and NAND business units. Numonyx creates memory solutions that enable many of today’s leading applications: wireless handsets, digital cameras, routers, automotive safety systems, industrial automation and removable storage media. The company is recognized as a leader in flash memory development including next generation Phase Change Memory. Numonyx is headquartered in Rolle, Switzerland.

Search 205,240 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

Micron

Boise, Idaho, United States

Category Company
Founded 1978
Sector Semiconductors
Employees48,000
Revenue 25.1B USD (2024)
DESCRIPTION

Micron is a provider of advanced semiconductor solutions. Through its worldwide operations, Micron manufactures and markets a full range of DRAM, NAND and NOR flash memory, as well as other innovative memory technologies, packaging solutions and semiconductor systems for use in leading-edge computing, consumer, networking, embedded and mobile products. Micron's common stock is traded on the NASDAQ under the MU symbol. Micron was founded in 1978 and is based in Boise, Idaho.


DEAL STATS #
Overall 4 of 11
Sector (Technology Hardware) 2 of 5
Type (Add-on Acquisition) 3 of 8
Country (Switzerland) 1 of 1
Year (2010) 1 of 2
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-06-01 Aptina Imaging

San Jose, California, United States

Aptina Imaging Corp. is a provider of complementary metal–oxide–semiconductor (CMOS) imaging solutions with a growing portfolio of products that can be found in all the leading mobile phone and notebook computer brands.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-01 Storage Genetics

Longmont, Colorado, United States

Storage Genetics, Inc. develops flash memory storage products.

Buy -

Seller(S) 1

SELLER

Francisco Partners

San Francisco, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 45.0B USD
Size Mega
Type Sector Focused
DESCRIPTION
Francisco Partners' headquarters in San Francisco, California.
Francisco Partners' headquarters in San Francisco, California.

Francisco Partners is a private equity firm focused exclusively on investments in technology and technology-enabled services. Specific areas of interest include semiconductors, capital equipment, electronics components, systems and manufacturing, IT services and business process outsourcing, communications, security and enterprise applications, and infrastructure software. Prospective investment situations include divisional buyouts, growth equity financings, acquisitions of private companies, sponsored mergers and acquisitions, and take-privates. Francisco Partners looks for opportunities where it can commit a minimum of $100 million per investment. Francisco Partners was formed in 1999 and is based in San Francisco, California.


DEAL STATS #
Overall 15 of 85
Sector (Technology Hardware) 3 of 8
Type (Add-on Acquisition) 8 of 52
Country (Switzerland) 1 of 1
Year (2010) 1 of 4
Size (of disclosed) 6 of 26
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-31 NexTraq

Atlanta, Georgia, United States

NexTraq, Inc. is a provider of mobile resource management solutions in the United States. The company uses web-hosted software-as-a-service solutions in concert with Global Positioning Satellite based hardware to help local fleet managers drive operational efficiencies and reduce costs in their geographically dispersed mobile fleets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-22 RedPrairie

Alpharetta, Georgia, United States

RedPrairie Corp. is a developer and marketer of software for managing warehousing and transportation logistics.

Sell -