M&A Deal Summary

onsemi Acquires GT Advanced Technologies

On August 25, 2021, onsemi acquired semiconductors company GT Advanced Technologies for 415M USD

Acquisition Highlights
  • This is onsemi’s 12th transaction in the Semiconductors sector.
  • This is onsemi’s 4th largest (disclosed) transaction.
  • This is onsemi’s 12th transaction in the United States.
  • This is onsemi’s 1st transaction in New Hampshire.

M&A Deal Summary
Date 2021-08-25
Target GT Advanced Technologies
Sector Semiconductors
Buyer(s) onsemi
Deal Type Add-on Acquisition
Deal Value 415M USD

Target

GT Advanced Technologies

Merrimack, New Hampshire, United States
GT Advanced Technologies manufactures SiC and sapphire materials for electric vehicles, high-power industrial motors, and telecom infrastructure applications. GT Advanced Technologies was founded in 1994 and is based in Merrimack, New Hampshire.

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Buyer(S) 1

Buyer

onsemi

Phoenix, Arizona, United States
Category Company
Founded 1992
Sector Semiconductors
Employees31,000
Revenue 8.3B USD (2023)
DESCRIPTION
ON Semiconductor's corporate headquarters in Phoenix, Arizona.
ON Semiconductor's corporate headquarters in Phoenix, Arizona.

onsemi is a designer, developer, manufacturer, and marketer of semiconductor components that addresses the design needs of electronic systems and products. onsemi supplies power and data management semiconductors and standard semiconductor components worldwide. onsemi was founded in 1992 and is based in Phoenix, Arizona.

DEAL STATS #
Overall 14 of 15
Sector (Semiconductors) 12 of 12
Type (Add-on Acquisition) 11 of 12
State (New Hampshire) 1 of 1
Country (United States) 12 of 13
Year (2021) 1 of 1
Size (of disclosed) 4 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-27 Quantenna Communications

Fremont, California, United States

Quantenna Communications, Inc. designs, develops, and markets advanced high-speed wireless communication solutions enabling wireless local area networking. The Company's solutions are designed to deliver Wi-Fi performance to support an increasing number of connected devices accessing a rapidly growing pool of digital content. Quantenna combines its Wi-Fi systems and software expertise with high-performance radio frequency, mixed-signal and digital semiconductor design skills to provide highly integrated solutions to its customers. Quantenna was formed in 2006 and is based in Fremont, California.

Buy $1.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-28 ON Semiconductor - Wafer fabrication facility and Operations

South Portland, Maine, United States

ON Semiconductor's Wafer fabrication facility and Operations offer Diodes 200mm wafer fab capacity for analog products to accelerate its growth initiatives in the automotive and industrial end markets. ON Semiconductor's Wafer fabrication facility and Operations is based in South Portland, Maine.

Sell -
Mergr

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