M&A Deal Summary

Rambus Acquires Semtech - Snowbush IP

On June 6, 2016, Rambus acquired semiconductors company Semtech - Snowbush IP from Semtech for 33M USD

Acquisition Highlights
  • This is Rambus’ 2nd transaction in the Semiconductors sector.
  • This is Rambus’ 5th largest (disclosed) transaction.
  • This is Rambus’ 4th transaction in the United States.
  • This is Rambus’ 3rd transaction in California.

M&A Deal Summary

Date 2016-06-06
Target Semtech - Snowbush IP
Sector Semiconductors
Buyer(s) Rambus
Sellers(s) Semtech
Deal Type Divestiture
Deal Value 33M USD

Target

Semtech - Snowbush IP

Camarillo, California, United States
Semtech Corp. - Snowbush IP is a provider of advanced analog and mixed-signal IP for ASSP, ASIC, and SoCs. The platform architectures developed for advanced SerDes products, along with high-speed IP cores, offer cost savings opportunities and can expand the Rambus product offerings by integrating industry-leading IP cores, patents and other assets.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Rambus

San Jose, California, United States

Category Company
Founded 1990
Sector Semiconductors
Employees623
Revenue 461M USD (2023)
DESCRIPTION
Rambus' corporate headquarters in Sunnyvale, California.
Rambus' corporate headquarters in Sunnyvale, California.

Rambus is a provider of chip and system companies with interface solutions that deliver higher performance for a broad range of consumer, computing and communications applications. The Company was formed in 1990 and is based in Sunnyvale, California. Rambus was founded in 1990 and is based in San Jose, California.


DEAL STATS #
Overall 4 of 11
Sector (Semiconductors) 2 of 8
Type (Divestiture) 1 of 3
State (California) 3 of 5
Country (United States) 4 of 7
Year (2016) 2 of 3
Size (of disclosed) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-25 Smart Card Software

United States

Smart Card Software Ltd. is a provider of advanced mobile payment platform. Smart Card Software consists of Bell Identification Ltd (Bell ID) and Ecebs Ltd (Ecebs).

Buy £65M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-30 Inphi - Memory Interconnect Business

Santa Clara, California, United States

Inphi Corp. - Memory Interconnect Business includes product inventory, customer contracts, supply chain agreements and intellectual property.

Buy $90M

Seller(S) 1

SELLER

Semtech

Camarillo, California, United States

Category Company
Founded 1960
Sector Semiconductors
Employees1,917
Revenue 869M USD (2024)
DESCRIPTION
Entrance to Semtech's corporate headquarters in Camarillo, California.
Entrance to Semtech's corporate headquarters in Camarillo, California.

Semtech is a provider of analog and mixed-signal semiconductors for high-end consumer, computing, communications and industrial equipment. Semtech was founded in 1960 and is based in Camarillo, California.


DEAL STATS #
Overall 1 of 2
Sector (Semiconductors) 1 of 2
Type (Divestiture) 1 of 2
State (California) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-04 Triune Systems

Plano, Texas, United States

Triune Systems LLC is a semiconductor company that specializes in analog and mixed-signal integrated circuit solutions for power management, wireless charging, isolated switching, battery management, energy harvesting and critical function, high-reliability applications.

Buy $45M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-29 AptoVision Technologies

St. Laurent, Quebec, Canada

AptoVision Technologies, Inc. is a provider of an advanced chipsets for AV signal distribution. The Company's award-winning BlueRiver™ technology has forever changed the dynamics of the Pro AV industry by letting installers and OEMs replace proprietary AV matrix switches with off-the-shelf Ethernet networks that deliver dramatically better price/performance, flexibility and scalability.

Buy $28M