M&A Deal Summary

Mycronic Acquires Automation Engineering

On November 21, 2016, Mycronic acquired technology hardware company Automation Engineering for 35M USD

Acquisition Highlights
  • This is Mycronic’s 4th transaction in the Technology Hardware sector.
  • This is Mycronic’s largest (disclosed) transaction.
  • This is Mycronic’s 1st transaction in the United States.
  • This is Mycronic’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2016-11-21
Target Automation Engineering
Sector Technology Hardware
Buyer(s) Mycronic
Deal Type Add-on Acquisition
Deal Value 35M USD

Target

Automation Engineering

Wilmington, Massachusetts, United States
Automation Engineering, Inc. is a provider of active alignment camera module assembly and test systems (CMAT) and photonics active alignment and test machines (PMAT).

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Mycronic

Täby, Sweden

Category Company
Founded 1989
Sector Technology Hardware
Employees2,318
Revenue 7.1B SEK (2024)
DESCRIPTION

Mycronic is a high-tech company engaged in the development, manufacture, and marketing of production equipment for the electronics industry. Mycronic was founded in 1989 and is based in Täby, Sweden.


DEAL STATS #
Overall 4 of 6
Sector: Technology Hardware M&A 4 of 4
Type: Add-on Acquisition M&A Deals 2 of 3
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 4 of 4
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-01 Shenzhen Axxon Automation Co.

Shenzhen, China

Shenzhen Axxon Automation Co. Ltd. is a developer, manufacturer, and sells dispensing equipment for the electronics industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-10 atg Luther & Maelzer

Wertheim, Germany

atg Luther & Maelzer produces and sells advanced equipment that tests, measures, and verifies PCBs and substrate. atg Luther & Maelzer's leading position is built on the proprietary technology for Flying Probe Test (FPT) Systems and Grid Test Systems. atg Luther & Maelzer was founded in 1972 and is based in Wertheim, Germany.

Buy -