M&A Deal Summary

onsemi Acquires Sound Design Technologies

On June 9, 2010, onsemi acquired semiconductors company Sound Design Technologies from Global Equity Capital for 32M USD

Acquisition Highlights
  • This is onsemi’s 7th transaction in the Semiconductors sector.
  • This is onsemi’s 13th largest (disclosed) transaction.
  • This is onsemi’s 1st transaction in Canada.
  • This is onsemi’s 1st transaction in Ontario.

M&A Deal Summary

Date 2010-06-09
Target Sound Design Technologies
Sector Semiconductors
Buyer(s) onsemi
Sellers(s) Global Equity Capital
Deal Type Add-on Acquisition
Deal Value 32M USD
Advisor(s) Needham & Co. LLC (Financial)

Target

Sound Design Technologies

Burlington, Ontario, Canada
Sound Design Technologies is a designer and manufacturer of ultra-low power semiconductor solutions for hearing instruments, and a leading provider of advanced high density interconnect technologies used in custom miniaturized 3D Multi-Chip Modules (MCM), System-In-Package (SIP) and Stacked Chip Scale Packages (S-CSP). Sound Design's internal manufacturing and test capabilities service its Hearing Products and well as provide contract manufacturing for customers requiring ultra miniature packaging solutions.

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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 7 of 16
Sector (Semiconductors) 7 of 13
Type (Add-on Acquisition) 6 of 12
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2010) 1 of 2
Size (of disclosed) 13 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-14 California Micro Devices

Milpitas, California, United States

California Micro Devices is a supplier of protection devices for the mobile handset, high brightness LED (HBLED), digital consumer electronics and personal computer markets.

Buy $63M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-15 SANYO Semiconductor

Oragun, Japan

SANYO Semiconductor Co., Ltd. is a provider of microcontrollers and custom Application Specific Integrated Circuits (ASICs) to integrated power modules and motor control devices for the consumer, automotive and industrial end-markets.

Buy $367M

Seller(S) 1

SELLER

Global Equity Capital

Boulder, Colorado, United States

Category Private Equity Firm
Founded 2007
Size Small
Type Sector Agnostic
DESCRIPTION

Global Equity Capital is a private equity group focused on carve-outs of non-core assets from public and private entities, financial or operational turnarounds and growing businesses looking for operational and financial resource assistance. Global Equity is an operations focused investment firm, with experienced in-house personnel to aid management in turning around or improving business performance. Global Equity is based in Boulder, Colorado.


DEAL STATS #
Overall 2 of 3
Sector (Semiconductors) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-08-03 Adventa Control Technologies

Plano, Texas, United States

Adventa Control Technologies, Inc. provides advanced manufacturing software in the semiconductor industry for wafer fabs and production tools. The company’s software provides solutions for manufacturing execution system (MES), advanced machine control, advance process control, fault detection and intervention and system integration.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-04 Essintial Enterprise Solutions

Mechanicsburg, Pennsylvania, United States

Essintial Enterprise Solutions provides Business Process Outsourcing for the enterprise service supply chain, including service parts inventory management, warehousing and distribution, warranty chain management, depot repair, field service and call center support.

Buy -