M&A Deal Summary

Panasonic Acquires Quasar

On May 29, 1974, Panasonic acquired electronics company Quasar from Motorola for 100M USD

Acquisition Highlights
  • This is Panasonic’s 1st transaction in the Electronics sector.
  • This is Panasonic’s 3rd largest (disclosed) transaction.
  • This is Panasonic’s 1st transaction in the United States.
  • This is Panasonic’s 1st transaction in Illinois.

M&A Deal Summary
Date 1974-05-29
Target Quasar
Sector Electronics
Buyer(s) Panasonic
Sellers(s) Motorola
Deal Type Divestiture
Deal Value 100M USD

Target

Quasar

Pontiac, Illinois, United States
Quasar is a producer of televisions and other consumer electronics. The Company was established in 1967 by Motorola and divested to Panasonic. The Company maintained operations in Pontiac, Illinois amongst other facilities throughout North America.

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Buyer(S) 1

Buyer

Panasonic

Kadoma, Japan
Category Company
Founded 1918
Sector Electronics
Employees229,183
Revenue 8.50T JPY (2024)
DESCRIPTION

Panasonic is a manufacturer of electronics. Panasonic manufactures and markets a wide range of products under the Panasonic brand to enhance and enrich lifestyles all around the globe. Panasonic was founded in 1918 and is based in Kadoma, Japan.

DEAL STATS #
Overall 1 of 19
Sector (Electronics) 1 of 3
Type (Divestiture) 1 of 2
State (Illinois) 1 of 1
Country (United States) 1 of 11
Year (1974) 1 of 1
Size (of disclosed) 3 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-04-01 Tropian

Cupertino, California, United States

Chipsets for multi-mode, multi-band wireless devices.

Buy -

Seller(S) 1

SELLER

Motorola

Schaumburg, Illinois, United States
Category Company
Founded 1928
Sector Technology Hardware
Employees60,000
DESCRIPTION

Motorola is known around the world for innovation and leadership in wireless and broadband communications. Inspired by our vision of Seamless Mobility, the people of Motorola are committed to helping you get and stay connected simply and seamlessly to the people, information, and entertainment that you want and need. We do this by designing and delivering "must have" products, "must do" experiences and powerful networks -- along with a full complement of support services.

DEAL STATS #
Overall 1 of 7
Sector (Electronics) 1 of 1
Type (Divestiture) 1 of 4
State (Illinois) 1 of 3
Country (United States) 1 of 6
Year (1974) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1997-02-07 Codex

United States

Codex is a Data Communication company formed in 1962.

Buy $80M
Mergr

Product

Company

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