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).

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Buyer(S) 1

Buyer

Mycronic

Täby, Sweden

Category Company
Founded 1989
Sector Technology Hardware
Employees2,002
Revenue 5.1B SEK (2022)
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) 4 of 4
Type (Add-on Acquisition) 2 of 3
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2016) 4 of 4
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-01 Shenzhen Axxon Automation

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 -