M&A Deal Summary

Semtech Acquires IC Interconnect

On May 2, 2018, Semtech acquired semiconductors company IC Interconnect for 7M USD

Acquisition Highlights
  • This is Semtech’s 10th transaction in the Semiconductors sector.
  • This is Semtech’s 8th largest (disclosed) transaction.
  • This is Semtech’s 7th transaction in the United States.
  • This is Semtech’s 1st transaction in Colorado.

M&A Deal Summary

Date 2018-05-02
Target IC Interconnect
Sector Semiconductors
Buyer(s) Semtech
Deal Type Add-on Acquisition
Deal Value 7M USD

Target

IC Interconnect

Colorado Springs, Colorado, United States
IC Interconnect, Inc. is a provider of an advanced chip-scale packaging, contract wafer bumping and related services to the electronics industry. IC Interconnect is based in Colorado Springs, Colorado.

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Buyer(S) 1

Buyer

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 11 of 12
Sector (Semiconductors) 10 of 10
Type (Add-on Acquisition) 10 of 11
State (Colorado) 1 of 1
Country (United States) 7 of 7
Year (2018) 1 of 1
Size (of disclosed) 8 of 9
PREVIOUS 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-03 Semtech - Discrete Diodes and Assemblies Business

Reynosa, Mexico

Semtech Corp's Discrete Diodes and Assemblies Business provides semiconductor solutions, including Qualified Product List ("QPL") and non-QPL diodes, rectifiers and transient voltage suppression products to aerospace, defense, medical and other high-reliability customers. The business manufactures products designed to operate across a wide range of temperatures, vibrations and other harsh environments.

Sell -