M&A Deal Summary

OCZ Storage Solutions Acquires PLX Technology - UK Design Team and Certain Assets

On October 5, 2011, OCZ Storage Solutions acquired information technology company PLX Technology - UK Design Team and Certain Assets from PLX Technology

Acquisition Highlights
  • This is OCZ Storage Solutions’ 1st transaction in the Information Technology sector.
  • This is OCZ Storage Solutions’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2011-10-05
Target PLX Technology - UK Design Team and Certain Assets
Sector Information Technology
Buyer(s) OCZ Storage Solutions
Sellers(s) PLX Technology
Deal Type Divestiture

Target

PLX Technology - UK Design Team and Certain Assets

United Kingdom
PLX Technology - UK Design Team and Certain Assets provides designing innovative and reliable system-on-chip (SOC) solutions and the acquired engineering team's expertise provides OCZ with additional resources for controller design.

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Buyer(S) 1

Buyer

OCZ Storage Solutions

San Jose, California, United States

Category Company
Sector Technology Hardware
DESCRIPTION

OCZ Storage Solutions, Inc. is a provider of high performance client and enterprise solid-state storage products.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2011 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-14 Indilinx

Milpitas, California, United States

Indilinx, Inc. is a technology provider for storage systems based on NAND flash memory. Indilinx products and solutions comprise advanced solid state drive controllers, reference designs, and software which enable the rapid development and deployment of high performance solid state drives.

Buy -

Seller(S) 1

SELLER

PLX Technology

Sunnyvale, California, United States

Category Company
Founded 1986
Sector Semiconductors
Employees157
DESCRIPTION

PLX Technology, Inc., is a provider of semiconductor-based connectivity solutions primarily targeting the enterprise and consumer markets. PLX provides manufacturers worldwide with innovative software-enriched silicon through feature differentiation, high-quality interoperability and superior performance.


DEAL STATS #
Overall 1 of 2
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
Country: United Kingdom M&A 1 of 1
Year: 2011 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-01 Teranetics

San Jose, California,

Teranetics is a provider of silicon solutions that enable significantly higher data rates overstructured copper cabling than are currently available in today’s Ethernet network environments. Led by a team with exceptional expertise and experience in the development and application of mixed-signal semiconductor solutions and digital communication technologies, Teranetics is the first company to ship a production-ready 10GBase-T semiconductor designed for next generation network applications. Teranetics is backed by a strong consortium of venture investors with in-depth experience and success in the semiconductor and data networking markets

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-11 PLX Technology - Direct Broadcast Satellite

United States

Direct Broadcast Satellite design and development of a digital channel stacking switch.

Sell $8M